$ACE just surged another 85% today to around $0.28, its third massive short squeeze in under a month.
Here's the twist, this token hit an all-time low of $0.062 on July 19, then squeezed 128% days later, squeezed another 95% on August 7, and is now squeezing again today. Same mechanism every time: short sellers getting liquidated, not new fundamental demand.
Volume exploded 2,325% overnight to $196M. But CoinMarketCap's own analysis flags heavy whale concentration and a token unlock landing in just 4 days, on August 18.
Three squeezes in a month on a token still down 98% from its 2023 all-time high. Real recovery building, or shorts about to get one more shot before the unlock hits? 👀
⚠️ Not financial advice. DYOR.
Follow @Smart Money Analyst for daily crypto insights 📊
$ACE
#BinanceSquare #crypto #ACE
🗳️ What's next for ACE?
Here's the twist, this token hit an all-time low of $0.062 on July 19, then squeezed 128% days later, squeezed another 95% on August 7, and is now squeezing again today. Same mechanism every time: short sellers getting liquidated, not new fundamental demand.
Volume exploded 2,325% overnight to $196M. But CoinMarketCap's own analysis flags heavy whale concentration and a token unlock landing in just 4 days, on August 18.
Three squeezes in a month on a token still down 98% from its 2023 all-time high. Real recovery building, or shorts about to get one more shot before the unlock hits? 👀
⚠️ Not financial advice. DYOR.
Follow @Smart Money Analyst for daily crypto insights 📊
$ACE
#BinanceSquare #crypto #ACE
🗳️ What's next for ACE?
🚀 Recovery, keeps running
80%
😐 Choppy until the unlock
20%
🔴 Unlock breaks the squeeze
0%
💎 Holding regardless
0%
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