ACE/USDT (Fusionist) had a wild move on the daily chart! After consolidating near the $0.0614 low, the token pulled off an extraordinary breakout, surging all the way to a high of $0.15297 before pulling back to sit around $0.10185 (-18% on the daily print).
Here is a quick look at the technical structure on the daily chart:
Massive Volatility Spike: The massive vertical move pushed the price directly through key resistance levels, but sharp profit-taking near $0.153 created a long upper wick.
Testing Key Moving Averages: The price is currently resting right on the MA(99) line at $0.10119, while remaining well above the MA(7) ($0.0812) and MA(25) ($0.0762).
MACD Signal: The MACD has flipped positive with fresh green histogram bars, confirming strong buying volume entered the market during the initial breakout.@Ace #ACE $ACE
$LIGHT
#KoreanTradersCutLeverageToThreeMonthLow #IranPresidentSaysFullScaleWarWithUS BitcoinHitsOneMonthHigh$65700ThenPullsBack#TrumpAgreesToCryptoBillEthicsProvision NvidiaPosts$81.6BQuarterlyRevenue#SolvBTCExploitedAfterDeployerKeyLeak
Here is a quick look at the technical structure on the daily chart:
Massive Volatility Spike: The massive vertical move pushed the price directly through key resistance levels, but sharp profit-taking near $0.153 created a long upper wick.
Testing Key Moving Averages: The price is currently resting right on the MA(99) line at $0.10119, while remaining well above the MA(7) ($0.0812) and MA(25) ($0.0762).
MACD Signal: The MACD has flipped positive with fresh green histogram bars, confirming strong buying volume entered the market during the initial breakout.@Ace #ACE $ACE
$LIGHT
#KoreanTradersCutLeverageToThreeMonthLow #IranPresidentSaysFullScaleWarWithUS BitcoinHitsOneMonthHigh$65700ThenPullsBack#TrumpAgreesToCryptoBillEthicsProvision NvidiaPosts$81.6BQuarterlyRevenue#SolvBTCExploitedAfterDeployerKeyLeak