$ACE — SHORT (fade the extreme) 🔻
A vertical +40.85% move in 24h — from 0.104 to 0.1498, with RSI above 80 in overbought territory. Today's high was 0.14976, and price has now pulled back to 0.14789 after rejecting from the upper Bollinger Band.
📍 Entry Zone: 0.1465 – 0.1479
🎯 TP1: 0.1400
🎯 TP2: 0.1356 (BB mid-band area)
🎯 TP3: 0.1290
🛑 SL: 0.1498 (above session high)
Why this trade:
RSI at 80.36 → extreme overbought, rarely sustained at this level
+41% over 7 days, +105% over 30 days — way too fast, unsustainable pace
Volume spike (6.5M) came on a red candle — profit-taking has already started
90-day only +22%, 180-day -13% — in the bigger picture this looks like a short-term pump, not a trend reversal
⚠️ High volatility coin — keep position size small, avoid overleveraging.
💬 What do you think — is this just a pullback or does it push higher? Drop your entry/exit in the comments!
Not financial advice. DYOR.
#ACE #Crypto #ShortTrade #Altcoins #CryptoTrading
A vertical +40.85% move in 24h — from 0.104 to 0.1498, with RSI above 80 in overbought territory. Today's high was 0.14976, and price has now pulled back to 0.14789 after rejecting from the upper Bollinger Band.
📍 Entry Zone: 0.1465 – 0.1479
🎯 TP1: 0.1400
🎯 TP2: 0.1356 (BB mid-band area)
🎯 TP3: 0.1290
🛑 SL: 0.1498 (above session high)
Why this trade:
RSI at 80.36 → extreme overbought, rarely sustained at this level
+41% over 7 days, +105% over 30 days — way too fast, unsustainable pace
Volume spike (6.5M) came on a red candle — profit-taking has already started
90-day only +22%, 180-day -13% — in the bigger picture this looks like a short-term pump, not a trend reversal
⚠️ High volatility coin — keep position size small, avoid overleveraging.
💬 What do you think — is this just a pullback or does it push higher? Drop your entry/exit in the comments!
Not financial advice. DYOR.
#ACE #Crypto #ShortTrade #Altcoins #CryptoTrading