📈 $ACE $0.2508 (+32.42%)

The 32% pump on $ACE is a classic retail trap, yet it holds the highest volume in today’s list at $52.3M, signaling institutional interest that $BTC and $DOGE currently lack. While most traders are busy chasing the massive volatility on ONG, I am looking at $ACE because it is finally showing a clean retest of its mid-range breakout, something $BTC has failed to do for the last seventy-two hours.

SETUP TYPE: Pullback

This is a trend-continuation play. We are looking to buy the liquidity sweep at the previous resistance-turned-support level before the next leg up.

ENTRY ZONE: $0.2350 – $0.2400

I am looking for a dip into this zone to capitalize on the rejection of the $0.2891 high. This area aligns with the 0.618 Fibonacci retracement of the move from $0.1801, providing a structural floor for the price.

STOP LOSS: $0.2150

If $ACE drops below $0.2150, the momentum is dead, and the breakout is invalidated. Placing the stop here protects against a stop-hunt of the recent local wick while keeping the risk defined.

TARGETS:

Target 1 is set at $0.2850, which is just shy of today’s high, allowing for a clean exit before retail FOMO turns to profit-taking. Target 2 is set at $0.3200, which is the extension target based on the previous structure.

RISK/REWARD:

With an entry at $0.2380 and a stop at $0.2150, the risk per share is $0.023. Against a T1 of $0.2850, we get an R:R of approximately 1:2.04. It meets my criteria for a high-probability setup.

POSITION SIZE WARNING:

Never risk more than 1% of your total account on this trade. I learned this the hard way after burning $5,400 in my early leveraged futures days. No trade is worth a liquidation.

INVALIDATION:

If the price closes...