🔴 $ACE /USDT · Bias: SHORT
4h bearish stack keeps price below EMA50 and EMA200, so the swing trend is down.
Entry: 0.131568 – 0.131932
TP1: 0.128801 (-2.2%)
TP2: 0.126835 (-3.7%)
TP3: 0.123885 (-6.0%)
SL: 0.135682 (+3.0%)
Note: moderate conviction only, keep size light.
Why: The strongest factor is the 4h bearish stack, with price below EMA50 and EMA200, meaning the short-term trend is down and sellers are in control.
Risk: BTC is rising, this coin follows (corr 0.77)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Where do you want to see this trade go from here?