$ACX $ACX 1D Market Read
- I expect the price to attempt to test the liquidity below 0.03799. If a swift bounce occurs and daily closes are reclaimed above 0.03965, I would favor a move upwards first toward 0.04277, and potentially 0.0482 if momentum builds.
- If the price fails to hold above 0.03799, further downside could open up toward 0.03595, but as long as price stays above this area, I prefer bullish setups.
- If the price breaks and sustains above 0.04398 (the most recent swing high), my bias would flip to bullish continuation, targeting 0.0482 and beyond.
- My preference is to look for a long setup after a liquidity sweep below the most recent swing low, with confirmation of reversal.
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