$ACE is printing 47.7% in 24 hours, hitting 0.279 after a run from 0.180. Volume at $47M.
It's punched through the EMA20 (0.230) and EMA50 (0.214), with RSI at 75. This is a clear breakout from the 7-day chop, but it's now testing the top of the 24-hour range at 0.289.
The desk's read: A strong move, but the 0.289 level is key. A rejection here could see it retest the EMA20. If it clears 0.289, the 7-day high of 0.378 is the next target. Is this a new leg up, or just exit liquidity for earlier bags?
$ACE
It's punched through the EMA20 (0.230) and EMA50 (0.214), with RSI at 75. This is a clear breakout from the 7-day chop, but it's now testing the top of the 24-hour range at 0.289.
The desk's read: A strong move, but the 0.289 level is key. A rejection here could see it retest the EMA20. If it clears 0.289, the 7-day high of 0.378 is the next target. Is this a new leg up, or just exit liquidity for earlier bags?
$ACE