Price is trading above the 7, 25, and 99 MA, indicating a strong bullish structure. Momentum remains positive, with buyers maintaining control after a sharp breakout. Holding above the entry zone keeps the upside bias intact. Manage risk carefully, as volatility can increase near the resistance zone.
Guys, I'm keeping $ACE on my radar as it's approaching a key resistance zone, and this area could present a solid Short opportunity. 🔥
The recent upside move has been strong, but price is now testing a level where selling pressure could return. If we see a clear rejection here, a healthy correction may follow. Staying patient and waiting for confirmation is the best approach.