Here’s a sharp, visually engaging technical analysis post for $ACA /USDT based on the latest chart data:
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$ACA/USDT – BEARISH PRESSURE PERSISTING 🔻🚨
$ACA is trading at $0.0299 (+6.41%), but don’t be fooled — the price remains under key EMAs with weak momentum. RSI near 31 and MACD trending down hint at a potential relief bounce, not a full reversal. ⚠️📉
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📊 KEY TECHNICAL LEVELS
🔹 Current Price: $0.0299
🔻 Resistance Zones:
• $0.0304 – Immediate short-term cap
• $0.0309 – EMA(25), trend resistance
• $0.0318 – Breakout level
🔻 Support Zones:
• $0.0294 – Minor support
• $0.0290 – Local low
• $0.0285 – Next major floor
📉 EMA Trend:
• EMA(7): 0.0301
• EMA(25): 0.0309
• EMA(99): 0.0305
All EMAs above price = bearish control zone ❌
📊 MACD:
• DIF: -0.0006
• DEA: -0.0004
• MACD: -0.0001 ➖ Bearish bias still active
📈 RSI(6): 31.11 – Near oversold, but no recovery signal yet
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🔻 TRADE SETUP – SHORT POSITION
🔹 Entry: $0.0300–0.0304 (sell near EMA resistance)
🔹 Stop Loss (SL): $0.0319 – Above key resistance
🔹 Take Profit (TP):
• TP1: $0.0290
• TP2: $0.0285
• TP3: $0.0270
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🛡️ RISK MANAGEMENT
💼 Stick to 1%–1.5% risk per trade. Adjust SL tightly if momentum weakens. Monitor RSI for any reversal divergence.
⚠️ Dead-cat bounce or real reversal? All eyes on $0.0309 resistance!
#CryptoTA #MyCOSTrade #CUDISBinanceTGE #BlackRockETHPurchase #Write2Earn $ACA