$ACX /USDT SHORT TRADE SIGNAL – INCREASE IN BEARISH PRESSURE
Entry Price: $0.3711
Target 1: $0.3500
Target 2: $0.3400
Target 3: $0.3250
Stop Loss: $0.3800
Why Short?
$ACX has shown a strong upward movement followed by a strong correction, indicating a possible reversal. The recent high of $0.4618 is unlikely to hold, and the price action is trending toward a further decline. With a significant decrease in volume and bearish pressure, a move towards $0.3250 is probable.
If ACX fails to break above $0.3750, a short position is ideal to target the level of $0.3250. Watch for greater weakness below $0.3600 to confirm the continuation of the bearish trend.
Risk Management Advice:
Set a stop-loss just above $0.3800 to protect against any potential breakout.
Trade here on $ACX
{future}(ACXUSDT)