$ACE 🔥 🔥 🔥 BULL RUN 🔥 🔥 🔥
📊 Technical Indicators
Relative Strength Index (RSI): Approximately 52.36, suggesting a neutral market with no immediate overbought or oversold conditions.
Moving Average Convergence Divergence (MACD): Currently positive, indicating bullish momentum.
Average Directional Index (ADX): At 10.81, implying a weak trend and potential for consolidation.
Moving Averages:
50-Day EMA: $0.7127 (below current price)
200-Day EMA: $0.7793 (above current price)
Interpretation: Price is between the 50-day and 200-day EMAs, indicating a neutral to slightly bullish trend.
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📈 Support and Resistance Levels
Immediate Support: $0.5865
Resistance Levels:
R1: $0.75
R2: $0.85
R3: $1.00
Short-Term Trading Strategy
Entry Point: Consider entering a long position near $0.668.
Target Levels: Aim for resistance levels at $0.75 and $0.85.
Stop Loss: Place a stop loss below $0.60 to manage risk.