$ACE is coiling inside a symmetrical triangle — classic compression pattern before a move. Price is squeezing tighter, volume's dropping, and the setup's pointing toward a breakout.
Target sits around $0.3300 if it clears the upper trendline with conviction. Watch for volume confirmation on the break — without it, fake-outs are common in these tight ranges.
Invalidation comes if price breaks below the lower trendline instead. Then the whole setup flips bearish and you're looking at continuation lower, not a breakout play.
Clean structure, clear levels. Wait for the break, confirm with volume, then act.
Target sits around $0.3300 if it clears the upper trendline with conviction. Watch for volume confirmation on the break — without it, fake-outs are common in these tight ranges.
Invalidation comes if price breaks below the lower trendline instead. Then the whole setup flips bearish and you're looking at continuation lower, not a breakout play.
Clean structure, clear levels. Wait for the break, confirm with volume, then act.
