$ACE is pumping hard right now.

But don’t FOMO blindly.

Funds are actually flowing out while the chart looks strong. Classic setup where emotion is running hotter than real money.

Here’s the real picture:

• Negative funding (paying shorts) → squeeze fuel is there
• Volume exploded 5.5x on pure speculation
• Long/Short ratio sitting at 2.60 — longs are crowded
• Elite accounts are 74% long — overhead risk is real
• Key range: 0.210 – 0.230

This is a short-term bullish squeeze play only if support holds.

My plan:

As long as 0.210 holds → look to long dips around 0.213

Clear break and hold above 0.230 → can chase the breakout with a tight stop

Break below 0.210 → crowded longs get wiped and downside accelerates fast

Two clear paths:

Hold 0.213 → negative funding fuels short covering → squeeze toward 0.23

Lose 0.210 → liquidation cascade → drop toward 0.198

Bullish bias is still alive above support, but this move is fragile.

Wait for the dip or the confirmed breakout. Don’t chase mid-air.