Market Outlook: $ACA USDT
Technical View
Bollinger Bands (20,2):
Upper Band: 0.0308
Middle Band: 0.0295
Lower Band: 0.0282
Price is currently trading near the middle-to-upper range, indicating buying pressure with short-term bullish momentum.
Volatility is moderate, with clear support and resistance zones forming.
Bias
Short-term Bias: Bullish if price sustains above the middle band (0.0295).
Bearish scenario: Breakdown below 0.0295 could open downside risk toward 0.0282.
Trade Setup
Long Entry (Bullish scenario)
Entry: Above 0.0302 (confirmation over MB and intraday strength)
Targets (TP):
TP1: 0.0308
TP2: 0.0317
TP3: 0.0327
Stop Loss (SL): 0.0292
Short Entry (Bearish scenario)
Entry: Below 0.0292 (clear rejection from MB)
Targets (TP):
TP1: 0.0287
TP2: 0.0281
TP3: 0.0277
Stop Loss (SL): 0.0303
Risk Management
Risk per trade: 1–2% of capital only
Position sizing: Adjust lot size based on SL distance
Always exit partial at TP1 to secure profits and trail stop for remaining position
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