$ACA Surges +20% – Is DeFi Waking Up?
The DeFi token ACA (Acala) just pulled off a major rebound, spiking +20.22% to $0.0333 on the 4-hour chart. After bottoming out at $0.0269, bulls stepped in aggressively, pushing the price up to a local high of $0.0350 before a slight cooldown.
With 24h volume soaring to 246.82M ACA, this rally shows serious momentum — especially after weeks of decline. ACA has climbed +23.70% today alone, making it one of the top gainers in the DeFi space right now.
Key Technicals:
Support: $0.0281, $0.0298
Resistance: $0.0350 (short-term), then $0.0365+
Market Sentiment: Slightly bullish – Buy orders are at 54.27%, but some profit-taking is expected
Despite longer-term downtrends (still -61% over 90 days), today's move could signal a possible shift in momentum if it holds above key support zones.
Is ACA prepping for a DeFi comeback, or is this just a short squeeze?
Drop your thoughts below, and let’s discuss the next move!
#ACA #Acala #CryptoGainers