๐จ $ACM Bearish Setup Alert! ๐จ
ACM currently trading at 0.797 (-2.44%), showing clear rejection from the 0.830 resistance zone. Sellers are gaining control, and momentum is shifting heavily to the downside. ๐
๐ Technical Breakdown
Strong resistance formed at 0.830, rejecting multiple attempts to break higher.
Price now trading below 0.800 psychological level, signaling weakness.
Bearish momentum is intact, targeting deeper support zones.
๐ Trade Plan (Short Setup):
Entry Zone: 0.800 โ 0.802
Take Profits (TP):
๐ฏ TP1: 0.784
๐ฏ TP2: 0.780
Stop Loss (SL): 0.835 (above resistance)
โ๏ธ Risk Management:
โ Risk only 1โ2% of capital per trade.
โ Stick to stop-loss discipline to avoid unnecessary drawdown.
โ Partial profit booking at TP1 to secure gains.
๐ Progress Outlook:
If price sustains below 0.800, expect quick tests of 0.784 โ 0.780. Breaking below 0.780 could open doors to fresh downside extension.
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