#ACX Observations:

Price Movement: ACX/USDC is trading at 0.6243, up by 11.82% in 24 hours.

Indicators:

The SAR (Parabolic Stop and Reverse) is bullish as the yellow dots are below the candles, indicating an upward trend.

Moving Averages:

MA(5) is higher than MA(10), showing short-term momentum is positive.

Volume is increasing in recent candles, suggesting buyer interest.

Key Levels:

24-hour high: 0.6244

24-hour low: 0.5583

Resistance: 0.6244 (current high).

Support: 0.5829 (recent low).

Next Move (Buying Decision):

Short-Term Outlook:

If the price breaks above 0.6244 with high volume, it may continue upward. Consider buying after confirmation of the breakout.

However, if it struggles to break resistance, a retracement to around 0.6099 or even 0.5934 (support levels) could happen, which might offer a better entry.

Recommendation:

Wait for either a breakout above 0.6244 or a pullback to support zones before buying.

Use stop-loss near 0.5829 to manage risk.

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