$ACE — TOP REJECTION | SHORT SETUP
After an explosive +139% rally, ACE is now showing signs of exhaustion near the $0.2974 top.
SHORT SETUP
Entry: $0.285–$0.295
TP1: $0.263
TP2: $0.245
TP3: $0.225
Final Target: $0.205
SL: $0.305
Price has faced rejection from the highs, making this a key zone for a potential retest and corrective move. If buyers fail to reclaim the top, a deeper pullback could follow.
Bearish trigger: Rejection below $0.2974 followed by a lower high would strengthen the short setup.
Invalidation: A sustained breakout and hold above $0.305 would invalidate the bearish thesis.
After such an aggressive vertical move, expect elevated volatility. Manage leverage and risk carefully.
Top rejection → retest → correction setup.
$ACE
After an explosive +139% rally, ACE is now showing signs of exhaustion near the $0.2974 top.
SHORT SETUP
Entry: $0.285–$0.295
TP1: $0.263
TP2: $0.245
TP3: $0.225
Final Target: $0.205
SL: $0.305
Price has faced rejection from the highs, making this a key zone for a potential retest and corrective move. If buyers fail to reclaim the top, a deeper pullback could follow.
Bearish trigger: Rejection below $0.2974 followed by a lower high would strengthen the short setup.
Invalidation: A sustained breakout and hold above $0.305 would invalidate the bearish thesis.
After such an aggressive vertical move, expect elevated volatility. Manage leverage and risk carefully.
Top rejection → retest → correction setup.
$ACE