$ACE is showing a sharp bearish reversal after getting rejected from the major $0.33–$0.38 supply zone. Sellers have taken control, with price breaking down aggressively and forming lower highs and lower lows. The bounce near $0.19 looks weak so far, while heavy trading activity keeps downside momentum active. A continuation toward lower support levels is possible if $0.19 fails to hold.
Trade Setup
Entry: $0.195–$0.205
Target 1: $0.175
Target 2: $0.155
Target 3: $0.135
Stop Loss: $0.225
How it's possible
The rejection from the upper resistance zone confirms strong selling pressure, while momentum has shifted sharply bearish. Volume expansion during the breakdown supports the move and shows that sellers are actively participating. If the $0.19 area fails and resistance continues to hold, another downside leg becomes more likely. Risk should stay controlled, and if price closes beyond the $0.225 stop loss, exit the trade to protect capital.
Let's go and Trade now $ACE
#KalshiOrderedToSuspendWashingtonOperations #AnthropicIPOMeetingsSkipFinancialsValuation #SP500SlipsFridayThirdStraightWeeklyGain #UkraineSaysOdesaBlackSeaPortsEffectivelyClosed #BerkshireAddsToDeltaAndAlphabetHoldings
Trade Setup
Entry: $0.195–$0.205
Target 1: $0.175
Target 2: $0.155
Target 3: $0.135
Stop Loss: $0.225
How it's possible
The rejection from the upper resistance zone confirms strong selling pressure, while momentum has shifted sharply bearish. Volume expansion during the breakdown supports the move and shows that sellers are actively participating. If the $0.19 area fails and resistance continues to hold, another downside leg becomes more likely. Risk should stay controlled, and if price closes beyond the $0.225 stop loss, exit the trade to protect capital.
Let's go and Trade now $ACE
#KalshiOrderedToSuspendWashingtonOperations #AnthropicIPOMeetingsSkipFinancialsValuation #SP500SlipsFridayThirdStraightWeeklyGain #UkraineSaysOdesaBlackSeaPortsEffectivelyClosed #BerkshireAddsToDeltaAndAlphabetHoldings