$ACE Today's unlock doesn't seem to have smashed him into a 0.0 prefix. From the hourly chart, you can see that last night's burst of stretching was the project team distributing.
Right now, the market is pulling back around 0.150 to test the final support line. If it breaks 0.15, it won’t be able to rise anymore. In the short term, it will likely continue falling. This round of bears has already had their meal—the project team is still continuously distributing.
Dumping it, retail and the giant whales are both bearish.
But will the project team not follow the usual script—will they pump and wash out the short positions? We'll have to wait and see.
From on-chain funds, you can see that there is still small-scale inflow. You could use an “ant” position to go long; if it breaks below 0.15, then you’ll cut and exit. If it doesn’t break, then later you may consider adding. Target: 0.2.
The forum has latency; messages are more timely first 👇👇
#ACE #ACE🔥🔥
Right now, the market is pulling back around 0.150 to test the final support line. If it breaks 0.15, it won’t be able to rise anymore. In the short term, it will likely continue falling. This round of bears has already had their meal—the project team is still continuously distributing.
Dumping it, retail and the giant whales are both bearish.
But will the project team not follow the usual script—will they pump and wash out the short positions? We'll have to wait and see.
From on-chain funds, you can see that there is still small-scale inflow. You could use an “ant” position to go long; if it breaks below 0.15, then you’ll cut and exit. If it doesn’t break, then later you may consider adding. Target: 0.2.
The forum has latency; messages are more timely first 👇👇
#ACE #ACE🔥🔥