$ACM is currently trading around $0.565, showing light downward pressure over the last 24 hours, with a range between $0.564 (low) and $0.620 (high). Price action on the shorter timeframes suggests consolidation after a dip, meaning the market is accumulating liquidity before its next direction.
On the 15m chart, we’ve seen repeated attempts to hold the $0.564 level, which signals strong buyers defending support. If this zone holds, a reversal bounce becomes more likely.
Trade Setup (Short-Term Idea)
(Not financial advice — just a strategic observation)
Entry Zone:
⮕ $0.562 – $0.568
This range allows entry close to support, reducing risk.
Targets 🎯:
Target 1: $0.578
Target 2: $0.590
Target 3: $0.605 – $0.620 (if momentum is strong and volume confirms)
Stop Loss:
⮕ $0.556 – $0.558
Below that range, market structure weakens and momentum may flip bearish.
Why this setup matters:
If ACM can break above $0.578 with solid volume, price could expand toward $0.590 and eventually test $0.605 – $0.620, which has been the upper boundary of the current range. A clean breakout from consolidation could trigger rapid upside moves as traders jump in.
Conversely, if the chart loses the $0.562–0.558 support level, short-term sentiment weakens, and avoiding the trade becomes safer.
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