🟩 Analysis $ACE /USDT (H1) – 19/04/2025
- Current price: 0.679 USDT (+21.90%/24h)
- Recent high: 0.814 (18/04) → correction
- Recent low: 0.4228 (16/04) → strong rebound
- Broke resistance 0.7 with high volume (14.7M), but volume decreased to 82.5K → selling pressure appears
- Price above MA(21): 0.539 → confirms short-term uptrend
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🔧 Support – Resistance
- Near support: 0.5779
- Strong support: 0.494
- Resistance: 0.814
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📰 Influential news
- ACE benefits from:
- Altcoin cash flow when BTC rises strongly
- Attention to gaming/metaverse projects
- Possibly related to a major update from Fusionist (NFT integration, new gameplay...) → FOMO sentiment increases
- However:
- Warning of interest rate hikes from Fed (16/04) → cautious general market
- Small altcoins may be heavily profited after a pump
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🎯 Short-term trading strategy
▶️ Buy on pullback:
- Entry: 0.5779–0.6 (support + confirming bullish candle)
- TP:
- TP1: 0.748 (+25%)
- TP2: 0.814 (+35%)
- SL: 0.494 (-15%)
- R:R: 1:1.7 (TP1)
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⚠️ Risk management
- Risk 1–2% of account, maximum leverage 3x
- Keep track of gaming news & Fusionist
- If price breaks below 0.494 or BTC drops sharply → cut the position early