📊 Technical Update and Sniper Signal: ACM/USDT (SELL/SHORT) 📉
The overall trend for the coin is clearly bearish in the long term (a decline of over -60% during the past year). Currently, on the 1-hour timeframe (1H), we observe a negative crossover on the Stochastic Oscillator, clearly reflecting a drop in short-term momentum, which suggests the selling pressure will likely continue.
Based on these factors and liquidity agreement, here is the trade plan:
🎯 Sniper Signal (SELL)
Current entry price: 0.293
Take Profit (TP): 0.28421
Stop Loss (SL): 0.297395
Control Area (POC): 0.298
💡 Expert Note:
Price is now ranging sideways around the main liquidity line. The key to accelerating and fully hitting the target is to break the immediate support levels at 0.289 and close below them to pave the way for a free fall.
Always trade with strict risk management (the reward-to-risk ratio here is 1:2—excellent). Good luck to everyone! 🚀
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