$ACX Huge signal ⚠️ More chance 🚀
Take Profit (TP) Levels:
TP1: $0.1780
TP2: $0.1820
TP3: $0.1850
Explanation: These levels represent potential resistance points where the price might encounter selling pressure if it attempts a rebound.
Entry: Current market price around $0.1728 or on a bounce towards $0.1750.
Explanation: ACX/USDT is currently in a strong downtrend, having broken below its lower Bollinger Band. While the overall trend is bearish, the price is at a significant support level around $0.1659. A bounce from this level is likely.
Indicator details:
Bollinger Bands (20, 2): Price is below the lower band and currently outside it, indicating strong bearish momentum and a potential for a short-term bounce.
MACD: DIF (-0.0143) is below DEA (-0.0104), with an increasing negative histogram (-0.0039), confirming strong bearish momentum.
RSI(8): 25.3205, indicating oversold conditions, suggesting that a rebound is possible in the near term.
#ACX #USDT #Crypto #Binance #TradeSignal #Downtrend
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