ACE is poised for a breakout after a crucial market structure break, with price action now focused on a key zone. This area has been a significant hurdle in the past, and a successful breach could unlock substantial upside.

🟢 $ACE LONG 📈
Entry → $0.107143-$0.107357
Stop → $0.104032 (-3.0%)
TP1 → $0.108859 (+1.5%)
TP2 → $0.112613 (+5.0%)
R/R 1:1.7 • Confidence 64%

The CHoCH signal fired as ACE broke out of its recent range, and volume is confirming the direction with a solid CVD signal, while the FVG and OB are setting up a high-probability long opportunity. The presence of a liquidity sweep and POI confluence, where the OB and FVG overlap, adds to the conviction in this setup. Overall, the structure looks primed for a move higher.

With a 3.0% stop loss in place, leverage of 2-3 times fits this trade, as the risk is relatively tight and the potential reward justifies a slightly more aggressive approach.

Taking partial profits at the first target, TP1, makes sense to lock in some gains and ride the remaining position with a break-even stop, allowing the trade to breathe and potentially reach more significant upside targets.

Not financial advice — always manage your own risk 🙏

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