$ACE enters resistance — an additional single push may trigger the next breakout
– long
Trading plan:
Entry: 0.2200 – 0.2270
SL: 0.2070
TP1: 0.2400
TP2: 0.2550
TP3: 0.2700
Technical analysis:
$ACE shows strong bullish momentum on the 1H chart, as the price sharply bounced from the 0.15–0.16 demand zone and formed a clear sequence of higher highs and higher lows. The latest impulsive move pushed the price to 0.2263, with strong buying pressure and increased volatility.
The main resistance area lies around 0.2550–0.2700, and it is clearly marked on the chart. Continued movement above 0.2305 could strengthen a potential bullish continuation setup and drive the price toward 0.2400, followed by the resistance zone 0.2550–0.2700. Meanwhile, a pullback toward 0.2200–0.2270 would provide a better risk-managed entry.
Buy $LAB and trade
– long
Trading plan:
Entry: 0.2200 – 0.2270
SL: 0.2070
TP1: 0.2400
TP2: 0.2550
TP3: 0.2700
Technical analysis:
$ACE shows strong bullish momentum on the 1H chart, as the price sharply bounced from the 0.15–0.16 demand zone and formed a clear sequence of higher highs and higher lows. The latest impulsive move pushed the price to 0.2263, with strong buying pressure and increased volatility.
The main resistance area lies around 0.2550–0.2700, and it is clearly marked on the chart. Continued movement above 0.2305 could strengthen a potential bullish continuation setup and drive the price toward 0.2400, followed by the resistance zone 0.2550–0.2700. Meanwhile, a pullback toward 0.2200–0.2270 would provide a better risk-managed entry.
Buy $LAB and trade