📉 $ACE FAILING TO RECLAIM KEY MOVING AVERAGES AS SELLERS TIGHTEN THEIR GRIP 🐻
Entry: 0.119557 – 0.119883 ⚡
Target: 0.117002 - 0.112472 🎯
Stop Loss: 0.123344 ⚠️
Price action continues to bleed below the four-hour moving averages, confirming that downside momentum remains firmly controlled by the sell-side. 📊 With the relative strength index sitting softly at 42.3, sellers are maintaining steady pressure without facing any aggressive bullish pushback.
This calls for a measured approach with lighter position sizing as we hunt for lower liquidity pockets. ⚡ Scale out progressively across targets while locking in risk management once the first objective clears. 💬 Are you looking to scale into this continuation short or waiting for a deeper retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ACE #ShortSetup #Bearish #Crypto
📉 🐻
Entry: 0.119557 – 0.119883 ⚡
Target: 0.117002 - 0.112472 🎯
Stop Loss: 0.123344 ⚠️
Price action continues to bleed below the four-hour moving averages, confirming that downside momentum remains firmly controlled by the sell-side. 📊 With the relative strength index sitting softly at 42.3, sellers are maintaining steady pressure without facing any aggressive bullish pushback.
This calls for a measured approach with lighter position sizing as we hunt for lower liquidity pockets. ⚡ Scale out progressively across targets while locking in risk management once the first objective clears. 💬 Are you looking to scale into this continuation short or waiting for a deeper retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ACE #ShortSetup #Bearish #Crypto
📉 🐻
