đ Pair: ACH/USDT (Perpetual)
âł Timeframe: 15-Minute Chart
đ Current Price: 0.029895 (-6.59%)
đ„ Trend: Bearish with potential reversal signs
---
đ Market Overview
ACH has been in a strong downtrend, breaking multiple structures on the way down. However, recent price action shows a bounce from a Fair Value Gap (FVG) support zone, hinting at a potential short-term recovery. But the key question remains: is this a true reversal or just another lower high before the next leg down?
đ Key Observations:
â Support Zone: 0.028500 - 0.029000 (Demand Zone)
â Resistance Zone: 0.030000 - 0.030500 (Breakout Level)
â Break of Structure (BOS): Multiple confirmations of bearish continuation
â Liquidity Zones: Buyside liquidity above 0.031000, potential target if bulls take control
---
đŻ Trade Setup & Execution Plan
đ Bullish Play (Break & Retest Long Setup)
đč If price breaks and holds above 0.030000, it could trigger a short-term bullish rally toward liquidity above.
đč Entry: 0.030100 - 0.030300 (After Break & Retest)
đč Stop-Loss: 0.029800 (Below Retest Zone)
đč Take-Profit Targets:
TP1: 0.031000 â
TP2: 0.031500 â
TP3: 0.032000 (Aggressive Target) đ
đč Confirmation: Strong volume + bullish candle closure above resistance.
---
đ Bearish Play (Short Setup on Rejection)
â ïž If price fails to break 0.030000 and shows rejection, the downtrend is likely to continue.
đ» Entry: 0.029800 - 0.029900 (After Rejection Signal)
đ» Stop-Loss: 0.030200 (Above Fakeout Level)
đ» Take-Profit Targets:
TP1: 0.029200 â
TP2: 0.028800 â
TP3: 0.028500 (Major Demand Zone) đ
đ» Confirmation: Weak rejection candles + selling volume increase.
---
đ Market Bias & Conclusion
⥠Overall Trend: Bearish (Until 0.030500 Breaks)
⥠Short-Term Sentiment: Neutral-Bearish (Watching for Rejection)
⥠Volume & RSI: Awaiting confirmation for momentum shift
đš Risk Management Tip: Use proper stop-loss & position sizingânever risk more than 2% of your capital per trade!
đą Final Thoughts:
đ„ If price breaks 0.030000 with conviction, we flip bullish.
âïž If rejection occurs, shorting remains the best play.
Stay sharp, trade smart, and let the market guide you!
đ Good luck, traders! See you at the top! đ

