$ACE just did something wild: it's up over 170% today, months after hitting an all-time low that wiped out 99% of its value from the 2023 peak.
There's no partnership, no listing, no roadmap news behind this move. It's shorts getting liquidated again and again, each squeeze feeding the next one.
RSI is sitting at 92. That's not just overbought, that's one of the most extreme readings you'll see on any chart this year.
Squeezes like this can keep running longer than logic says they should, but they also unwind just as violently once the shorts run out.
If you're holding gains from the bottom, this is the kind of tape where protecting profit matters more than chasing the next candle.
Are you riding this squeeze or waiting for it to cool off? Drop your take below.
#ACE #CryptoNews #ShortSqueeze
DYOR | NFA
There's no partnership, no listing, no roadmap news behind this move. It's shorts getting liquidated again and again, each squeeze feeding the next one.
RSI is sitting at 92. That's not just overbought, that's one of the most extreme readings you'll see on any chart this year.
Squeezes like this can keep running longer than logic says they should, but they also unwind just as violently once the shorts run out.
If you're holding gains from the bottom, this is the kind of tape where protecting profit matters more than chasing the next candle.
Are you riding this squeeze or waiting for it to cool off? Drop your take below.
#ACE #CryptoNews #ShortSqueeze
DYOR | NFA