🚀$ACM /USDT - Potential Breakout on the Horizon?🔥💯💰
we're seeing some interesting price action. After a significant surge earlier, we've observed a period of consolidation around the 1.231 price level. This could indicate a potential breakout soon!
Current Price: 1.231
Entry Price: Consider entries around 1.235 for a long position, awaiting a confirmed break above resistance.
Resistance Levels: 1.250, 1.280, 1.300 (Potential breakout targets)
Support Levels: 1.200, 1.180 (Important to hold for continued upward movement)
Take Profit Targets:
* TP1: 1.250
* TP2: 1.280
* TP3: 1.300
Stop Loss: 1.205 (A close below this level would negate the bullish scenario)
Caution: While the consolidation suggests a potential upward move, keep an eye on trading volume for confirmation. A surge in volume alongside a break above resistance will signal stronger momentum. Conversely, failure to break resistance and a drop below support could lead to further decline. Trade responsibly!
