$ACU has had a minor pullback after hitting a high close to 0.30 and is currently testing a very important support area around the rising mid, term averages. The decline seems to be mainly driven by investors taking profits rather than panic selling as price is holding up quite well above the overall trend structure. There is a high probability that the price will bounce back and continue its upward movement if this area remains intact.
Trade Bias: LONG
Entry Zone: 0.2380 – 0.2450
Take-Profit 1: 0.2600
Take-Profit 2: 0.2780
Take-Profit 3: 0.2980
Stop-Loss: 0.2220
Leverage (Suggested): 3–5X
As long as the price is able to hold the existing support, the bias remains bullish. Since volatility tends to increase dramatically after big moves, be sure to enter trades slowly and keep a tight stop close to a potential resistance level.
#ETHWhaleMovements #ClawdbotTakesSiliconValley #USIranStandoff #ACU
Trade Bias: LONG
Entry Zone: 0.2380 – 0.2450
Take-Profit 1: 0.2600
Take-Profit 2: 0.2780
Take-Profit 3: 0.2980
Stop-Loss: 0.2220
Leverage (Suggested): 3–5X
As long as the price is able to hold the existing support, the bias remains bullish. Since volatility tends to increase dramatically after big moves, be sure to enter trades slowly and keep a tight stop close to a potential resistance level.
#ETHWhaleMovements #ClawdbotTakesSiliconValley #USIranStandoff #ACU
