$ACE has been abandoned or is it extremely controlled？？？？？？？？？
1. Overall trend judgment (core)
In the past six months, the price has been suppressed below $1.00, and recently it has been in an extremely narrow range of $0.20 - $0.50 with low volatility. The K-line has almost become a straight line, and occasional spikes quickly retrace, indicating that the market is in a state of being abandoned or extremely controlled.
ACE's medium-term trend is very weak. It is currently in the 'garbage time' of liquidity exhaustion. Unless the project party takes significant action, it is difficult to rely on natural flow to create an independent market.
2. Key Points
Resistance Level (Selling Zone):
Short Resistance: $0.500$. Recently (September-October), it has been the top of multiple rebound attempts and the upper edge of the box fluctuation. Breaking through here is necessary to see a glimmer of life.
Strong Resistance: $1.000$. A continuation platform in a downtrend. Once broken, this becomes an extremely heavy 'tombstone'. It is absolutely impossible to surpass in the short term.
Support Level (Defensive Zone):
Lifeline: $0.265$. The intraday low and also the absolute floor of the recent fluctuation range. If it breaks below here, it will enter the 'zeroing' channel, and panic selling will further trample down.
Extreme Bottom: $0.200$. The last psychological defense line.
3. Trading Volume Signal
Signal: Usually a heart monitor, occasionally resurrecting.
Trading volume has been at an extremely low level for a long time. Although there were a few abrupt high-volume bars in September and November, the price did not sustain an upward trend, mostly being 'one-day wonders' or 'baiting and unloading'.
4. Operation Strategy
Holders: Extremely painful.
The current price (down 90%) makes cutting losses not very meaningful.
It is recommended to firmly hold $0.260$. If it does not break, consider it as buying a long-term lottery ticket; if it rebounds to $0.45 - $0.50, be sure to exit and switch cars.
Non-holders: Lottery-like allocation.
Heavy positions are not recommended! The time cost is extremely high.
Strategy: Only at extreme positions like $0.260 - $0.270, and if you are aiming for a rebound after a significant drop (speculative mindset), can you enter with a light position. Strict stop-loss at $0.250$.
5. Summary
ACE has become a 'sleeping zombie', $0.26 is the floor, and $0.50 is the ceiling. No volume, no volatility; unless the main force 'returns to life', it is difficult to see improvement!
