$ACE /USDT ā 4H Chart Analysis (Binance)
Current Price: ~0.260
Context: Sharp impulsive move up, followed by immediate rejection.
š Market Structure
Price printed a strong impulsive green candle from the ~0.21 demand zone.
This move looks liquidity-driven, not yet confirmed as a trend reversal.
Immediate rejection from the 0.28ā0.30 supply zone, indicating sellers are active.
š Bearish Scenario (Primary Bias)
The move up swept liquidity above prior highs and failed to hold.
As long as price stays below 0.28ā0.30, downside continuation is favored.
Short Entry Zone:
0.27 ā 0.29
Targets:
T1: 0.245
T2: 0.225
T3: 0.210 (previous demand / liquidity pool)
Invalidation (SL):
Clean 4H close above 0.30
š Bullish Scenario (Alternative)
If price reclaims and holds above 0.30 with volume:
Structure shifts bullish
Potential continuation toward 0.35 ā 0.40
This scenario is secondary and requires confirmation.
š§ Summary
Current pump looks like a liquidity grab into resistance
Sell-the-rallies strategy favored below 0.30
Patience required ā let price come to your level
