Compression broke down.
🔴 $ACE - SHORT
Trade Plan:
Current Price: ~0.13194
Entry Zone: 0.1335 – 0.1385
SL: 0.1455
TP1: 0.1280
TP2: 0.1220
TP3: 0.1150
ACE lost the $0.1335–$0.1385 compression floor and is now retesting it from below, with the 4H EMA20 and EMA50 stacked overhead as a bearish wall. RSI is printing a lower high against price’s failed bounce, confirming bearish divergence rather than momentum reversal. Volume profile shows the heaviest traded node at $0.134–$0.140 where trapped longs sit, and that inventory will cap every rally. A clean break below $0.1280 opens the thin liquidity void toward $0.1220 and the $0.1150 extension. Invalidation is tight above $0.1455.
Fading the breakdown retest or hoping for a reclaim?
Click below for trade 👇
DYOR & manage risk! $ACE
🔴 $ACE - SHORT
Trade Plan:
Current Price: ~0.13194
Entry Zone: 0.1335 – 0.1385
SL: 0.1455
TP1: 0.1280
TP2: 0.1220
TP3: 0.1150
ACE lost the $0.1335–$0.1385 compression floor and is now retesting it from below, with the 4H EMA20 and EMA50 stacked overhead as a bearish wall. RSI is printing a lower high against price’s failed bounce, confirming bearish divergence rather than momentum reversal. Volume profile shows the heaviest traded node at $0.134–$0.140 where trapped longs sit, and that inventory will cap every rally. A clean break below $0.1280 opens the thin liquidity void toward $0.1220 and the $0.1150 extension. Invalidation is tight above $0.1455.
Fading the breakdown retest or hoping for a reclaim?
Click below for trade 👇
DYOR & manage risk! $ACE
