$ACE
Bias: Bearish
Entry: 0.1480 – 0.1520
Stop Loss: 0.1585
Targets:
TP1: 0.1250
TP2: 0.1080
TP3: 0.0850
Confirmation: Short on a clear rejection from 0.1480–0.1520 or a clean breakdown below 0.1380 with strong selling volume.
Reason:
ACE has made an aggressive vertical move into the 0.1500 resistance area, leaving price significantly extended. The 0.1480–0.1520 zone acts as strong supply, so a rejection here could trigger profit-taking and a deeper retracement toward the lower support levels.