$ACE – Bearish Rejection Setup ⚠️
Short $ACE
Entry: $0.1200– $0.125
SL: $0.1545
Take Profit:
TP1: $0.1150
TP2: $0.1100
$ACE is approaching a resistance zone where buying momentum appears to be weakening. If sellers continue defending this area and price confirms a rejection, the short-term structure favors a move toward the downside targets.
Trade Management
Wait for a bearish confirmation candle or a failed breakout within the entry zone before entering.
Consider moving the stop-loss to breakeven after TP1 if bearish momentum strengthens.
Take partial profits at TP1 while allowing the remaining position to target TP2 if selling pressure continues.
Risk Note
The bearish setup remains valid while price stays below the resistance zone. A sustained move above $0.1545 would invalidate the short thesis and increase the probability of further upside.
Debate: Will sellers defend resistance and drive another leg lower, or will buyers absorb the supply and extend the recovery?
Bearish bias remains favored while resistance holds. ⚠️
Trade $ACE here 👇
DYOR
Short $ACE
Entry: $0.1200– $0.125
SL: $0.1545
Take Profit:
TP1: $0.1150
TP2: $0.1100
$ACE is approaching a resistance zone where buying momentum appears to be weakening. If sellers continue defending this area and price confirms a rejection, the short-term structure favors a move toward the downside targets.
Trade Management
Wait for a bearish confirmation candle or a failed breakout within the entry zone before entering.
Consider moving the stop-loss to breakeven after TP1 if bearish momentum strengthens.
Take partial profits at TP1 while allowing the remaining position to target TP2 if selling pressure continues.
Risk Note
The bearish setup remains valid while price stays below the resistance zone. A sustained move above $0.1545 would invalidate the short thesis and increase the probability of further upside.
Debate: Will sellers defend resistance and drive another leg lower, or will buyers absorb the supply and extend the recovery?
Bearish bias remains favored while resistance holds. ⚠️
Trade $ACE here 👇
DYOR