⚠️ ACEUSDT 2H Pullback Analysis
ACEUSDT is experiencing a sharp correction after its recent recovery, falling around 16% within 24 hours to trade near $0.19088. Price previously reached a major chart high of $0.37888, while the current decline is testing the important $0.1879–$0.1900 support zone. The short-term trend remains bearish below $0.2060.
Long Setup: A confirmed 2H candle close above $0.2060 could signal renewed bullish momentum toward $0.2250, $0.2522 and $0.2684. Stop-loss should be placed below $0.1930.
Short Setup: A confirmed 2H candle close below $0.1875 could extend the decline toward $0.1750, $0.1600 and $0.1437. Stop-loss should be placed above $0.1985.
The monthly structure remains positive, but short-term selling pressure is strong. Wait for confirmation and use controlled leverage due to high volatility.
#ACEUSDT #ACE #BinanceFutures #CryptoTrading #TradingAnalysis
ACEUSDT is experiencing a sharp correction after its recent recovery, falling around 16% within 24 hours to trade near $0.19088. Price previously reached a major chart high of $0.37888, while the current decline is testing the important $0.1879–$0.1900 support zone. The short-term trend remains bearish below $0.2060.
Long Setup: A confirmed 2H candle close above $0.2060 could signal renewed bullish momentum toward $0.2250, $0.2522 and $0.2684. Stop-loss should be placed below $0.1930.
Short Setup: A confirmed 2H candle close below $0.1875 could extend the decline toward $0.1750, $0.1600 and $0.1437. Stop-loss should be placed above $0.1985.
The monthly structure remains positive, but short-term selling pressure is strong. Wait for confirmation and use controlled leverage due to high volatility.
#ACEUSDT #ACE #BinanceFutures #CryptoTrading #TradingAnalysis