The market is showing signs of movement, and $ACE ’s chart structure is sending a signal—but it needs to be read in reverse. Look: both the 4-hour and 1-hour charts are still below the moving averages. Each rebound is weaker than the last, and volume hasn’t picked up either. This kind of recovery looks more like it’s making room for the bears. When Bitcoin weakens, it follows suit—the correlation is clear.
The daily chart looks range-bound, but the shorter timeframes have already turned bearish. So I’d rather consider entering near the resistance zone on a rebound than try to call a bottom at the lows. In trading, waiting for the structure to confirm is a lot more comfortable than jumping the gun, right?
🔴 Trade direction: Short
📍 Entry range: 0.128705 – 0.128999
🛑 Stop loss: 0.132021
🎯 Take profit 1: 0.126476
🎯 Take profit 2: 0.124891
🎯 Take profit 3: 0.122516
No need to chase the trend—the winds of opportunity will linger on their own.
Stand alongside Sister Li, and let every moment leave an echo.
#ACE
Click below to trade 👇
The daily chart looks range-bound, but the shorter timeframes have already turned bearish. So I’d rather consider entering near the resistance zone on a rebound than try to call a bottom at the lows. In trading, waiting for the structure to confirm is a lot more comfortable than jumping the gun, right?
🔴 Trade direction: Short
📍 Entry range: 0.128705 – 0.128999
🛑 Stop loss: 0.132021
🎯 Take profit 1: 0.126476
🎯 Take profit 2: 0.124891
🎯 Take profit 3: 0.122516
No need to chase the trend—the winds of opportunity will linger on their own.
Stand alongside Sister Li, and let every moment leave an echo.
#ACE
Click below to trade 👇