$ACE /USDT — SHORT SETUP | Strong Rejection After Parabolic Pump

ACE/ USDT 🔴 SHORT BIAS

ACE has made an explosive move, gaining more than 120% in 24H and reaching 0.2581. On the 1H chart, price is now showing a red candle after testing the local high, suggesting possible short-term exhaustion and profit-taking.

📊 Technical Breakdown

- Current Price: 0.2426
- 24H High: 0.2581
- 24H Change: +120.75%
- MA(7): 0.1932
- MA(25): 0.1416
- MA(99): 0.1182
- Price is extremely extended above the moving averages.
- The latest candle shows rejection from 0.2581.
- Volume surged dramatically during the rally, increasing the possibility of short-term cooling.

🎯 SHORT TRADE PLAN
Entry: 0.2420 – 0.2500
Stop Loss: 0.2605
TP1: 0.2300
TP2: 0.2150
TP3: 0.1950

⚠️ Confirmation: A break below 0.2300 with increasing selling volume would strengthen the bearish setup. If ACE breaks and holds above 0.2581, the short thesis becomes invalid.

🔥 Key Levels
Resistance: 0.2581 → 0.2650
Support: 0.2300 → 0.2150 → 0.1950

The trend is still strongly bullish on the higher timeframe, so this is a counter-trend short/scalp setup, not a call that the overall trend has reversed.

Bias: 🔴 SHORT
Invalidation: 0.2605
Targets: 0.2300 / 0.2150 / 0.1950

⚠️ High volatility. Use proper risk management and wait for confirmation. DYOR — educational analysis only, not financial advice.

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