GlobalStockFundsSee$18.62BInflow#CardanoSplitsDijkstraUpgradeIntoTwoPhases
I checked the latest $ACE
market information as well as 1H + 4H charts. ACE is extremely volatile right now; recent activity included a sharp rally linked partly to a Bitget PoolX listing/ai
๐ Current chart price: ~$0.154
1H RSI: 81.87 ๐ด
This is strongly overbought. The immediate pump is therefore risky to chase.
4H RSI: 48.54 ๐ก
The larger timeframe hasn't become overbought, so the broader recovery still has room if buyers maintain support.
Important levels from your charts:
๐ข Support: 0.145โ0.148
๐ข Strong support: 0.131โ0.135
๐ด Resistance: 0.161โ0.162
๐ด Next resistance: 0.173โ0.175
๐ด Major resistance: 0.205โ0.206
๐ข Preferred LONG setup today
Don't buy at 0.154 immediately. I'd wait for a pullback.
Entry: 0.145 โ 0.149
Stop-loss: 0.137
TP1: 0.161
TP2: 0.1735
TP3: 0.195 โ 0.205
At an average entry of 0.147, TP2 is about +18%, while SL is about -6.8%.
After TP1, consider moving SL toward your entry to protect the trade.
๐ Breakout LONG
If ACE doesn't pull back and instead breaks 0.162, don't chase the first candle.
Wait for:
1H close > 0.162 โ retest 0.158โ0.162 โ hold
Then:
Entry: 0.159โ0.163
SL: 0.151
TP1: 0.1735
TP2: 0.190
TP3: 0.205
๐ด Short setup
Because 1H RSI is already ~82, a rejection from the 0.161โ0.162 area could provide a short scalp.
Short: 0.159โ0.162 only after clear rejection
SL: 0.168
TP1: 0.150
TP2: 0.142
TP3: 0.132
If ACE gets a strong 1H close above 0.162, I would cancel this short idea.
๐ฏ My choice
Best risk/reward: ๐ข Wait for 0.145โ0.149 LONG
Don't chase: โ 0.154โ0.160
Bullish confirmation: ๐ 1H close above 0.162
Major bearish warning: ๐ด loss of 0.131โ0.135
ACE has already demonstrated very large percentage swings, so use small position size and low/no leverage. Recent market data also shows unusually high volatility, with ACE having moved through a very wide 7-day range. (Forbes)
#SECCancelsCryptoRulemakingMeeting
I checked the latest $ACE
market information as well as 1H + 4H charts. ACE is extremely volatile right now; recent activity included a sharp rally linked partly to a Bitget PoolX listing/ai
๐ Current chart price: ~$0.154
1H RSI: 81.87 ๐ด
This is strongly overbought. The immediate pump is therefore risky to chase.
4H RSI: 48.54 ๐ก
The larger timeframe hasn't become overbought, so the broader recovery still has room if buyers maintain support.
Important levels from your charts:
๐ข Support: 0.145โ0.148
๐ข Strong support: 0.131โ0.135
๐ด Resistance: 0.161โ0.162
๐ด Next resistance: 0.173โ0.175
๐ด Major resistance: 0.205โ0.206
๐ข Preferred LONG setup today
Don't buy at 0.154 immediately. I'd wait for a pullback.
Entry: 0.145 โ 0.149
Stop-loss: 0.137
TP1: 0.161
TP2: 0.1735
TP3: 0.195 โ 0.205
At an average entry of 0.147, TP2 is about +18%, while SL is about -6.8%.
After TP1, consider moving SL toward your entry to protect the trade.
๐ Breakout LONG
If ACE doesn't pull back and instead breaks 0.162, don't chase the first candle.
Wait for:
1H close > 0.162 โ retest 0.158โ0.162 โ hold
Then:
Entry: 0.159โ0.163
SL: 0.151
TP1: 0.1735
TP2: 0.190
TP3: 0.205
๐ด Short setup
Because 1H RSI is already ~82, a rejection from the 0.161โ0.162 area could provide a short scalp.
Short: 0.159โ0.162 only after clear rejection
SL: 0.168
TP1: 0.150
TP2: 0.142
TP3: 0.132
If ACE gets a strong 1H close above 0.162, I would cancel this short idea.
๐ฏ My choice
Best risk/reward: ๐ข Wait for 0.145โ0.149 LONG
Don't chase: โ 0.154โ0.160
Bullish confirmation: ๐ 1H close above 0.162
Major bearish warning: ๐ด loss of 0.131โ0.135
ACE has already demonstrated very large percentage swings, so use small position size and low/no leverage. Recent market data also shows unusually high volatility, with ACE having moved through a very wide 7-day range. (Forbes)
#SECCancelsCryptoRulemakingMeeting