🔴 $ACE /USDT – SHORT SETUP
The 4H trend remains bearish, with price trading below both EMA50 and EMA200. Sellers currently have the advantage. 📉
Entry Zone: 0.131568 – 0.131932
🎯 Take Profit Targets:
- TP1: 0.128801 (-2.2%)
- TP2: 0.126835 (-3.7%)
- TP3: 0.123885 (-6.0%)
🛑 Stop Loss: 0.135682 (+3.0%)
Why SHORT?
- 4H bearish EMA structure.
- Price below EMA50 and EMA200.
- Sellers remain in control of the trend.
- BTC correlation is 0.77, so BTC moving higher could put pressure on this short.
Trade Management:
- Close 50% at TP1.
- Close 25% at TP2.
- Close remaining 25% at TP3.
- Move SL to entry after TP1.
⚠️ Conviction: Moderate. Keep position size light and manage risk carefully.
What's your target for $ACE
? More downside or a bullish reversal?
$SPCXB
DYOR | NFA.
#ACE #ACEUSDT #Crypto #BinanceSquare #ShortSetup
The 4H trend remains bearish, with price trading below both EMA50 and EMA200. Sellers currently have the advantage. 📉
Entry Zone: 0.131568 – 0.131932
🎯 Take Profit Targets:
- TP1: 0.128801 (-2.2%)
- TP2: 0.126835 (-3.7%)
- TP3: 0.123885 (-6.0%)
🛑 Stop Loss: 0.135682 (+3.0%)
Why SHORT?
- 4H bearish EMA structure.
- Price below EMA50 and EMA200.
- Sellers remain in control of the trend.
- BTC correlation is 0.77, so BTC moving higher could put pressure on this short.
Trade Management:
- Close 50% at TP1.
- Close 25% at TP2.
- Close remaining 25% at TP3.
- Move SL to entry after TP1.
⚠️ Conviction: Moderate. Keep position size light and manage risk carefully.
What's your target for $ACE
? More downside or a bullish reversal?
$SPCXB
DYOR | NFA.
#ACE #ACEUSDT #Crypto #BinanceSquare #ShortSetup
