$ACE

Current Position:

$ACE is trading near 0.265 after a steady retrace from recent highs.

Market Structure:

The trend has shifted into short-term bearish territory, but no aggressive breakdown has occurred. This suggests corrective behavior rather than trend collapse.

Future Projection:

A stable base above 0.25 may allow recovery toward 0.30–0.32. A break below 0.24 would invalidate the recovery scenario and extend downside pressure.