$ACA 🚀 ACA/USDT: Recovery Leg in Progress?
Acala (ACA) is showing signs of a short-term recovery after finding a firm bottom at $0.0052. Despite a recent delisting from some platforms and a "Monitoring Tag" on Binance, the token has reclaimed mid-range levels and is currently testing immediate resistance.
📊 Technical Breakdown (4H Chart)
* Current Price: $0.0062 (+16.98%).
* Support Zone: Strong historical support at $0.0052 – $0.0053.
* Immediate Resistance: Testing supply at $0.0066 (EMA 99) and $0.0075.
* RSI (6): Currently at 64.47, indicating bullish momentum but approaching "overbought" territory (above 70).
* Key Trend: Short-term bullish structure after a sharp rebound from the lows.
⚡ Trade Setup (Spot/Cautionary Leverage)
Due to the "Monitoring Tag" on Binance, volatility is expected to remain high.
* Entry Zone: $0.0058 – $0.0061 (Pullback to EMA 7/25).
* Target 1 (TP1): $0.0075 (Recent 24h High).
* Target 2 (TP2): $0.0085 (Mid-term psychological resistance).
* Target 3 (TP3): $0.0100 (Major breakout target).
* Stop Loss (SL): $0.0051 (Below the recent swing low).
> ⚠️ Risk Warning: ACA is currently under a "Monitoring Tag" on Binance, which signifies higher risk and potential for delisting if performance metrics are not met. Always use strict risk management.
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Would you like me to set up a price alert for when ACA hits the $0.0075 target?