🚨 Bears are hammering down the doors on $ACU ! Price is bleeding out near $0.1015, down -9.76% on the day as sellers dominate every single bounce attempt.
$ACU - SHORT · Conf 90%
Trade Plan
Entry: $0.1010 – $0.1030
Stop Loss (SL): $0.1070
Take Profit 1 (TP1): $0.0960
Take Profit 2 (TP2): $0.0900
Take Profit 3 (TP3): $0.0820
Why this setup?
Price action on the 4h and 1h charts shows a relentless structural downtrend following a sharp rejection from the $0.1391 local high.
The Parabolic SAR is stacked heavily overhead down to the $0.1056 zone on higher timeframes, acting as an impenetrable ceiling that suffocates any upside momentum.
Lower timeframes show weak, low-volume relief bounces being aggressively sold into, signaling that a retest of the absolute structural low at $0.0973—and a subsequent breakdown—is imminent.
Risk is tightly controlled above immediate structural resistance.
Debate
Are you riding this continuation short down to the floor, or waiting for a dead-cat bounce? 💬
Hazel Trades 🌸$ACU
$ACU - SHORT · Conf 90%
Trade Plan
Entry: $0.1010 – $0.1030
Stop Loss (SL): $0.1070
Take Profit 1 (TP1): $0.0960
Take Profit 2 (TP2): $0.0900
Take Profit 3 (TP3): $0.0820
Why this setup?
Price action on the 4h and 1h charts shows a relentless structural downtrend following a sharp rejection from the $0.1391 local high.
The Parabolic SAR is stacked heavily overhead down to the $0.1056 zone on higher timeframes, acting as an impenetrable ceiling that suffocates any upside momentum.
Lower timeframes show weak, low-volume relief bounces being aggressively sold into, signaling that a retest of the absolute structural low at $0.0973—and a subsequent breakdown—is imminent.
Risk is tightly controlled above immediate structural resistance.
Debate
Are you riding this continuation short down to the floor, or waiting for a dead-cat bounce? 💬
Hazel Trades 🌸$ACU