Buying pressure is fading near resistance, but confirmation is everything.
$ACE /USDT — SHORT
Trade Plan
Entry: 0.122–0.124 only if the 1H candle closes below 0.123 and any retest of that level is rejected.
SL: 0.129
TP1: 0.118
TP2: 0.112
TP3: 0.105
Why this setup?
After a sharp rally toward 0.150, ACE has failed to hold the highs and is showing rejection with consecutive bearish candles. Short-term momentum is weakening while price is testing the 25 MA area. If support around 0.123 breaks, the probability of a deeper pullback toward the next demand zone increases.
This is a counter-trend trade, so patience is essential. ACE should only be shorted after the breakdown is confirmed, not while support is still holding.
Good traders protect capital first and profits follow. $ACE
#SKHynixToInvest19.1TWonInM17Plant #TSEPlansReReviewForMajorBusinessChanges #DollarSetForBestDayInTwoWeeks #GoldBreaksOutFromJanuaryDowntrend #USSenateNoClarityActVoteBeforeAugustBreak
$ACE /USDT — SHORT
Trade Plan
Entry: 0.122–0.124 only if the 1H candle closes below 0.123 and any retest of that level is rejected.
SL: 0.129
TP1: 0.118
TP2: 0.112
TP3: 0.105
Why this setup?
After a sharp rally toward 0.150, ACE has failed to hold the highs and is showing rejection with consecutive bearish candles. Short-term momentum is weakening while price is testing the 25 MA area. If support around 0.123 breaks, the probability of a deeper pullback toward the next demand zone increases.
This is a counter-trend trade, so patience is essential. ACE should only be shorted after the breakdown is confirmed, not while support is still holding.
Good traders protect capital first and profits follow. $ACE
#SKHynixToInvest19.1TWonInM17Plant #TSEPlansReReviewForMajorBusinessChanges #DollarSetForBestDayInTwoWeeks #GoldBreaksOutFromJanuaryDowntrend #USSenateNoClarityActVoteBeforeAugustBreak