$ACE /USDT BEARISH PRESSURE – SHORT TERM WEAKNESS
$ACE /USDT is trading at 0.159, nearing its 24h low (0.155) after a -4.79% decline. Price is below MA99 (0.161) and at MA7/MA25 (0.160), indicating short-term bearish pressure with mid-term resistance intact. MACD is neutral-to-slightly negative, signaling sellers still have control, while the resistance cluster 0.160–0.161 caps upside attempts.
🔎 Trade Setup
Entry Zone: 0.159 – 0.160 (Rejection near MA cluster)
Take Profit 1: 0.155
Take Profit 2: 0.152
Take Profit 3: 0.150
Stop Loss: 0.162
Optimal entry comes from minor pullbacks toward the MA cluster for stronger risk-to-reward.
📊 Short Market Outlook
Trend shows lower highs with immediate support at 0.155. A decisive break below opens liquidity toward 0.152 and deeper near 0.150. Resistance between 0.159–0.161 remains strong. As long as price trades below MA99 (0.161), bearish bias remains intact.
Momentum favors continuation unless bulls reclaim above 0.161.
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