Coin Name $ACE
Position: Long
Entry Price: 1st Entry 0.622
2nd TP 0.615
On the 15-minute timeframe, ACE is forming an ascending channel and has recently tested the upper trendline. It now appears to be pulling back toward the lower boundary of the channel. If ACE respects the 0.618 Fibonacci retracement level and finds support along the channel's lower trendline, a bullish continuation is likely. Additionally, the RSI is holding within the demand zone, indicating strong buying interest in this area. Based on this confluence, I remain bullish on ACE in the short term.
There’s significant liquidity resting above the current price on ACE. However, I anticipate that ACE will first dip to capture liquidity around the 0.6014 level before making a move to the upside to target the higher liquidity zones.
LEVERAGE: 4X
Targets:
1st TP 0.636
2nd TP 0.649
3rd TP 0.657
This is my personal prediction, but as we all know, the crypto market is highly volatile. If you're considering this trade, be sure to conduct your own thorough research before making any decisions.
$ACE
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