🚀 $ACE Bullish Momentum & Potential Traps

Volume on $ACE is showing strong support for bullish moves. Significant spikes indicate genuine buyer interest, suggesting the current upward trend has substance.

$ACE contracts are seeing substantial inflows, with both 24-hour and spot volumes looking healthy. This suggests institutional and whale accumulation. However, a recent 1-hour dip might indicate a consolidation phase before further upward movement.

Trade Plan for $ACE : Cautious Long

Entry: Consider a pullback to the 0.2720-0.2680 range, aligning with MA20 support for a low-risk entry. A more aggressive entry could be above 0.2869 resistance if accompanied by strong volume.

SL: Maintain a tight stop loss at 0.2620-0.2580, close to the MA20 support.

Targets: Aim for 0.3078 as the first target, followed by 0.3387 if the momentum continues. Secure profits as you reach these levels.

Potential Reversal Scenario: A failure to break through the 0.2869 resistance with solid volume could lead to a pullback to the 0.250-0.255 support zone.

What's your strategy on this breakout? Let's discuss! 📈🔥

#ACE #ACEUSDT #fusionist