#MatrixFamily listen to me carefully…
$ACE is showing signs of a bearish reversal after a sharp rally. Strong rejection from the recent high suggests sellers are taking control, and further downside remains likely if support fails.
Entry Range: 0.1260 – 0.1290
Stop Loss: 0.1410
Targets:
* TP1: 0.1200
* TP2: 0.1100
* TP3: 0.0980
The rejection from the local top and consecutive bearish candles indicate weakening bullish momentum. If $ACE stays below the recent resistance zone, sellers could continue driving price toward the downside targets.
Invalidation: A decisive close above 0.1410 would invalidate this bearish setup.
$ACE is showing signs of a bearish reversal after a sharp rally. Strong rejection from the recent high suggests sellers are taking control, and further downside remains likely if support fails.
Entry Range: 0.1260 – 0.1290
Stop Loss: 0.1410
Targets:
* TP1: 0.1200
* TP2: 0.1100
* TP3: 0.0980
The rejection from the local top and consecutive bearish candles indicate weakening bullish momentum. If $ACE stays below the recent resistance zone, sellers could continue driving price toward the downside targets.
Invalidation: A decisive close above 0.1410 would invalidate this bearish setup.