Price is showing rejection after the sharp rally toward 0.22, with sellers stepping in around the 0.21–0.22 resistance zone. The pullback below 0.2050 gives this trade a strong risk-to-reward setup…
$ACE has delivered a powerful breakout from the 0.16–0.17 accumulation zone, pushing sharply into the 0.22 area before a pullback…
The current retracement is testing the 0.20 support region. If buyers defend this level, the breakout structure remains favorable for another move higher.
LONG SETUP
Entry: 0.2010 – 0.2060
Targets: 0.2150 0.2250 0.2380
Stop Loss: 0.1930
Key confirmation: reclaiming 0.2100 would signal renewed buying pressure… while losing 0.2000 could lead to a deeper retracement.