๐จ $ACE /USDT โ Oversold Opportunity or Falling Knife? ๐ฎโ ๏ธ
$ACE is dropping hard, now at $0.692 (-3.62%) with RSI screaming oversold. Is a reversal in playโor is there more pain ahead? Letโs break it down.
๐ Market Overview
๐ Current Price: $0.692
๐ 24h High: $0.780
โ๏ธ 24h Low: $0.672
๐ RSI(6): 19.20 (Extremely oversold!)
๐ Moving Averages:
MA(7): $0.726
MA(25): $0.744
MA(99): $0.691
๐ Volume: 3.93M ACE / 2.91M USDT
๐ ACE Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If ACE Holds Above $0.672):
Entry: Above $0.700
Targets: $0.723, $0.755, $0.780
Stop-Loss: $0.659
๐น Bearish Scenario (If ACE Breaks Below $0.659):
Entry: Below $0.659
Targets: $0.634, $0.626, $0.600
Stop-Loss: $0.700
๐ Should You Hold or Sell?
โ
RSI at 19 = severely oversoldโbounce potential rising
โ
MA(99) at $0.691 is acting as critical last-line support
โ ๏ธ Price rejected off MA(7) & MA(25) = bearish pressure remains dominant
๐ก Pro Tip:
๐ Watch for bullish divergence + volume spike at $0.690 zoneโcould fuel quick recovery
โ ๏ธ If $0.659 breaks, expect extended downsideโtighten risk
๐ข Whatโs your moveโbuying the dip or playing safe? Drop your view below!
๐ฅ LIKE & SHARE if you want more gaming token breakdowns! ๐ฏ๐
$ACE
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