ACE / USDT – Potential Short Rejection Setup 📉
Fusionist (ACE) is testing key overhead resistance near the MA(200) around 0.1818 – 0.1830.
With RSI hovering at 62.40 and price action encountering upper wick rejection at local supply.
A controlled short opportunity favors a pullback toward lower support levels if buyers fail to breakout.
📊 Trade Setup & Parameters
Position: SHORT 🔴
Entry Zone: 0.1817 – 0.1830 (Upon Rejection Confirmation)
Target 1 (TP1): 0.1805
Target 2 (TP2): 0.1784
Target 3 (TP3): 0.1759
Stop Loss (SL): 0.1835
Wait for confirmed rejection wicks near 0.1825 – 0.1830 before entry. A daily close above 0.1835 invalidates the short setup.
⚠️ Risk Management
Maintain strict risk limits of 1%–2% per trade. Secure partial profits at Target 1 and shift your Stop Loss to Breakeven once TP1 is achieved.
#BinanceSquareFamily #Crypto #Fusionist #Write2Earn #TechnicalAnalysis
$ACE
$LTC
$GALA
Fusionist (ACE) is testing key overhead resistance near the MA(200) around 0.1818 – 0.1830.
With RSI hovering at 62.40 and price action encountering upper wick rejection at local supply.
A controlled short opportunity favors a pullback toward lower support levels if buyers fail to breakout.
📊 Trade Setup & Parameters
Position: SHORT 🔴
Entry Zone: 0.1817 – 0.1830 (Upon Rejection Confirmation)
Target 1 (TP1): 0.1805
Target 2 (TP2): 0.1784
Target 3 (TP3): 0.1759
Stop Loss (SL): 0.1835
Wait for confirmed rejection wicks near 0.1825 – 0.1830 before entry. A daily close above 0.1835 invalidates the short setup.
⚠️ Risk Management
Maintain strict risk limits of 1%–2% per trade. Secure partial profits at Target 1 and shift your Stop Loss to Breakeven once TP1 is achieved.
#BinanceSquareFamily #Crypto #Fusionist #Write2Earn #TechnicalAnalysis
$ACE
$LTC
$GALA