ACM/USDT – Short Technical Analysis (1H timeframe)
ACM
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ACM is trading around 0.566, moving sideways after a volatile session. Price is currently hovering near key moving averages, with MA(7) ≈ 0.567, MA(25) ≈ 0.565, and MA(99) ≈ 0.561, indicating short-term consolidation rather than a clear trend.
The recent low at 0.558 acted as support, while 0.580 remains a strong resistance, shown by a sharp rejection. Volume increased during upward candles, suggesting some buying interest, but follow-through remains weak.
Bias: Neutral to mildly bullish
Support: 0.558 – 0.561
Resistance: 0.575 – 0.580
A breakout above 0.580 could open room for further upside, while a drop below 0.558 may signal renewed bearish pressure.
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