📉$ACE /USDT – Heavy Rejection, Short Setup Active 🔻
Current Price: $0.625 (+13.02%)
📉 Breakdown Developing:
$ACE spiked to $0.814 but faced strong rejection, forming lower highs and consistent selling pressure. The market structure now leans bearish on the lower timeframes.
🔑 Key Levels:
Resistance: $0.680 – $0.720
Support Zone: $0.590 – $0.605
24H Range: $0.544 – $0.814
🔻 Short Trade Setup:
Entry Range: $0.630 – $0.645
TP1: $0.605
TP2: $0.585
TP3: $0.560
Stop Loss: Above $0.680
⚠️ Market Insight:
After a rapid pump, volume is fading and price is struggling to hold higher levels. If $0.620 breaks with momentum, the downside could accelerate fast.
💡 Pro Tip:
Use tight SL and scale out profits near $0.590 zone. Wait for a bearish candle confirmation on lower timeframe (15m or 30m) for added entry confidence..