๐ฅ SHORT deal on $ACE with clear resistance at 0.126
๐ Entry zone:
0.121 - 0.123 ๐ฅ
๐ฏ Targets:
TP1: 0.115
TP2: 0.110 ๐
๐ Stop-loss:
0.126 โ ๏ธ
It appears that sellers are gaining strength in this area, while the bullish momentum on the 1-hour timeframe (1H) has started to clearly weaken.
Any attempt to break above the 0.126 level is rejected with an increase in trading volume, which may indicate strong selling pressureโnot just random movement.
Keeping the price below the stop-loss level maintains the bearish outlook, with two clear profit-taking targets to be reached gradually.
๐ Will you enter a sell trade here, or wait for a lower entry level opportunity?
โ ๏ธ Not financial advice. Always manage your risk.
#ACE #ShortSetup #ResistanceReject #Crypto #Trading
๐ Entry zone:
0.121 - 0.123 ๐ฅ
๐ฏ Targets:
TP1: 0.115
TP2: 0.110 ๐
๐ Stop-loss:
0.126 โ ๏ธ
It appears that sellers are gaining strength in this area, while the bullish momentum on the 1-hour timeframe (1H) has started to clearly weaken.
Any attempt to break above the 0.126 level is rejected with an increase in trading volume, which may indicate strong selling pressureโnot just random movement.
Keeping the price below the stop-loss level maintains the bearish outlook, with two clear profit-taking targets to be reached gradually.
๐ Will you enter a sell trade here, or wait for a lower entry level opportunity?
โ ๏ธ Not financial advice. Always manage your risk.
#ACE #ShortSetup #ResistanceReject #Crypto #Trading
