$ACA /USDT BEARISH RETREAT AFTER SPIKE – SUPPORT TEST IN PROGRESS!
$ACA experienced a sharp breakout earlier today, reaching as high as $0.0358, but the price has since retraced back to $0.0293 on the 15-minute chart. This signals weakening bullish momentum and increased selling pressure, with price now testing a critical support level near the breakout origin.
Trade Setup (SHORT):
Entry Price: $0.02920 – $0.02960
Target 1: $0.02780
Target 2: $0.02620
Stop Loss: $0.03040
Why Short?
After a vertical rally, ACA failed to sustain higher levels and is showing lower highs and consistent red candles — a typical post-pump correction. The breakdown from $0.03000 support confirms seller dominance unless bulls defend aggressively from here.
Risk Management Tip:
This setup is ideal for quick intraday shorts. Stick to a tight SL above $0.0305 and consider exiting partially at first support.
Don’t let this breakdown pass unnoticed — react fast, trade sharp!
Catch the reversal early — profits favor the disciplined!
