$ACM

ACM

0.536

+1.90%

on the 4-hour chart shows bearish pressure in an unstable range. The price oscillates in a sideways trend, indicating indecision as the price fluctuates below key moving averages.

Momentum favors sellers, but the market awaits a clear breakout. The overall trend is bearish: #ACM is trading below the 200- and 20-day EMAs on the 4-hour chart. The price is consolidating between resistance levels of approximately 0.535 and support of 0.507.

A decisive breakout below 0.507 could open the way for further declines to the mark of 0.493, while a breakout above 0.535 could trigger a reversal to the mark of 0.549 and above. Watch for confirming signals before making a buying decision. This is just part of the review.