🚨 Trend Reversal Alert? Why
$ACE is Flashing Major Bullish Signals Right Now! 📈
What’s up, traders! Let’s talk about
$ACE . If you’ve been watching the charts today, you’ve probably noticed that it's looking incredibly spicy sitting right around the $0.176 mark.
After a long, exhausting macro downtrend, the chart structure is finally showing signs of life, and buyers are stepping in with serious volume.
Here is the technical breakdown:
On the 1-Hour chart,
$ACE just smashed through its local consolidation phase. We are seeing a beautiful sequence of higher lows forming, and the momentum indicators are screaming that a short-term trend reversal is in play. Even better? It recently bounced off a rock-solid daily bottom at $0.149.
If this momentum holds, here is the game plan for a potential swing trade:
🎯 The Trade Setup:
Optimal Entry Zone: $0.168 - $0.178 (We are sitting perfectly in this pocket right now)
Take Profit 1 (TP1): $0.205 💰 (First major resistance test)
Take Profit 2 (TP2): $0.235 🎯
Take Profit 3 (TP3): $0.275 🚀 (Macro breakout target)
🛡️ Risk Management:
Hard Stop Loss: $0.148
(Why here? Because if it drops below the daily swing low of $0.149, the bullish structure is completely broken. ALWAYS protect your capital!)
The Bottom Line: This setup looks incredibly juicy for continuation above our current support levels, but remember that the macro-trend is still heavy. Stay sharp, lock in profits at TP1, and manage your risk wisely!
👇 What are your thoughts on
$ACE ? Are you going long or waiting for a deeper pullback? Let me know in the comments!
(Disclaimer: This is technical analysis, not financial advice. Always Do Your Own Research - DYOR!)
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