$ACU is sitting at an interesting spot here.
The way price has respected this rising trendline and this support zone again and again makes me think this is a very strong zone IMO.
If this area continues to hold, I’m expecting the next leg up to be pretty massive. First, I’d watch for a reclaim of $0.135–$0.140. If ACU breaks above that area with strength, the next targets could be around $0.145, followed by $0.155–$0.170.
For those accumulating around this zone, patience could be important. If the setup plays out as expected, that patience may pay off.
Let’s see how $ACU handles this trendline. NFA. DYOR.
The way price has respected this rising trendline and this support zone again and again makes me think this is a very strong zone IMO.
If this area continues to hold, I’m expecting the next leg up to be pretty massive. First, I’d watch for a reclaim of $0.135–$0.140. If ACU breaks above that area with strength, the next targets could be around $0.145, followed by $0.155–$0.170.
For those accumulating around this zone, patience could be important. If the setup plays out as expected, that patience may pay off.
Let’s see how $ACU handles this trendline. NFA. DYOR.
