$ACA /USDT is showing bullish momentum with volume confirmation, riding the upper Bollinger Band. RSI is close to overbought, so expect short pullbacks. As long as price holds above 0.0300, trend remains upward.
📊 Current Price: $0.0330 with +14.58% surge in 24 hours
24h High $0.0336 and Low: $0.0285 in 24 hours .
Volume (24h): 216.36M ACA (~$6.82M USDT)
Analysis Timeframe: 1 Hour candles
🔎 Technical Indicators
1. Bollinger Bands (BB):
Upper Band (UP): 0.0331
Middle Band (MB / 20MA): 0.0308
Lower Band (DN): 0.0286
Price is currently testing the upper band (0.0330) → indicates bullish pressure and possible short-term overbought conditions.
2. Moving Averages (MA):
MA(5): 0.0310
MA(10): 0.0303
Both MAs are trending upwards → short-term bullish momentum confirmed.
3. RSI (6): 69.0
Approaching overbought (70+).
Suggests strong momentum, but a pullback or consolidation is possible soon.
4. Volume:
Volume spike on the green candle → confirms real buying strength, not just weak price movement.
📈 Chart Pattern
Recent breakout from consolidation (0.029 – 0.030 range).
Now forming higher highs and higher lows → bullish structure.
If sustained above 0.0315 support, rally may extend.
🔮 Price Trend & Prediction
📈🚀Immediate Resistance: $0.0336 (24h high). If broken, next resistance is around 0.0350 – 0.0360 zone.
📉Support Levels: $0.0315 (near MA support), then $0.0300 psychological level.
Bias: Bullish short-term, but overbought signs suggest a likely mini pullback before further rally.
🎯 Possible Trading Strategy
Scalpers / Short-term:
💡Buy on dip near 0.0315 – 0.0320 support.
💡Take profit around 0.0345 – 0.0355.
💡Stop-loss below 0.0300.
Swing Traders:
🎯Hold as long as price stays above 0.0300 (bullish structure intact).
🎯Mid-term target: 0.038 – 0.040 if momentum continues.
