$ACE is giving a cleaner structural signal than it was a few candles ago.
What stands out here is that open interest is up 7.7%, volume is running about 2.6x its recent pace, and the 1H move is +2.14%. That gives the move real context instead of treating every candle as a signal.
The area around $0.0614 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
How would you manage this $ACE setup from here?
#ACE #Trading
Trade plan: SHORT
Entry: $0.16716
SL: $0.38078
TP1: $-0.04645
TP2: $-0.26007
TP3: $-0.47368
What stands out here is that open interest is up 7.7%, volume is running about 2.6x its recent pace, and the 1H move is +2.14%. That gives the move real context instead of treating every candle as a signal.
The area around $0.0614 is the level I would watch next. Losing it cleanly would strengthen the bearish case; holding it would warn against pressing shorts too late.
How would you manage this $ACE setup from here?
#ACE #Trading
Trade plan: SHORT
Entry: $0.16716
SL: $0.38078
TP1: $-0.04645
TP2: $-0.26007
TP3: $-0.47368
