$ACE is currently forming a falling wedge pattern on the daily chart a classic bullish reversal structure. Price is compressing, and volatility is building up for a potential breakout move.
The key confirmation zone is the wedge resistance + Daily SMA50. Until that breaks, the move is not confirmed.
Trade Setup:
Entry Point (EP):
Above wedge resistance + SMA50 breakout (confirmed daily close)
OR safer entry on retest after breakout
Take Profit (TP):
🎯 $0.154
🎯 $0.182
🎯 $0.205
🎯 $0.227
🎯 $0.260
🎯 $0.301
Stop Loss (SL):
Below wedge support (invalid breakout level)
Market View:
Structure is bullish setup in formation, but still unconfirmed. Compression inside a wedge usually leads to a sharp move direction depends on breakout strength.
Key Insight:
Wedge = pressure build-up. Breakout = explosive move. Patience is the edge here.
#ACE #FallingWedge #CryptoSignals $ACE

ACEUSDT
Perp
0.1228
-1.20%