๐ Pair: ACH/USDT (Perpetual)
โณ Timeframe: 15-Minute Chart
๐ Current Price: 0.029895 (-6.59%)
๐ฅ Trend: Bearish with potential reversal signs
---
๐ 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?
๐ Key Observations:
โ Support Zone: 0.028500 - 0.029000 (Demand Zone)
โ Resistance Zone: 0.030000 - 0.030500 (Breakout Level)
โ Break of Structure (BOS): Multiple confirmations of bearish continuation
โ Liquidity Zones: Buyside liquidity above 0.031000, potential target if bulls take control
---
๐ฏ Trade Setup & Execution Plan
๐ Bullish Play (Break & Retest Long Setup)
๐น If price breaks and holds above 0.030000, it could trigger a short-term bullish rally toward liquidity above.
๐น Entry: 0.030100 - 0.030300 (After Break & Retest)
๐น Stop-Loss: 0.029800 (Below Retest Zone)
๐น Take-Profit Targets:
TP1: 0.031000 โ
TP2: 0.031500 โ
TP3: 0.032000 (Aggressive Target) ๐
๐น Confirmation: Strong volume + bullish candle closure above resistance.
---
๐ Bearish Play (Short Setup on Rejection)
โ ๏ธ If price fails to break 0.030000 and shows rejection, the downtrend is likely to continue.
๐ป Entry: 0.029800 - 0.029900 (After Rejection Signal)
๐ป Stop-Loss: 0.030200 (Above Fakeout Level)
๐ป Take-Profit Targets:
TP1: 0.029200 โ
TP2: 0.028800 โ
TP3: 0.028500 (Major Demand Zone) ๐
๐ป Confirmation: Weak rejection candles + selling volume increase.
---
๐ Market Bias & Conclusion
โก Overall Trend: Bearish (Until 0.030500 Breaks)
โก Short-Term Sentiment: Neutral-Bearish (Watching for Rejection)
โก Volume & RSI: Awaiting confirmation for momentum shift
๐จ Risk Management Tip: Use proper stop-loss & position sizingโnever risk more than 2% of your capital per trade!
๐ข Final Thoughts:
๐ฅ If price breaks 0.030000 with conviction, we flip bullish.
โ๏ธ If rejection occurs, shorting remains the best play.
Stay sharp, trade smart, and let the market guide you!
๐ Good luck, traders! See you at the top! ๐
