$ACE /USDT — 15m Chart Read
Strong momentum expansion has carried price from the 0.258 base into a fresh push toward 0.290–0.291, where sellers briefly tested control. That test failed to gain traction. Price is now holding and consolidating around 0.288–0.290, pressing against highs with higher lows still intact—structure remains constructive.
Buyers clearly defended the 0.278–0.280 zone, stepping in aggressively after shallow pullbacks and keeping price above the rising short-term averages. The tape shows steady bid support, not panic profit-taking, which keeps the continuation bias alive. Late sellers into dips have been consistently absorbed.
Overhead, immediate resistance sits at 0.291–0.293, with a higher extension zone toward 0.300+ if momentum re-expands and compression resolves higher. Volume behavior supports controlled participation rather than blow-off conditions.
Bias stays bullish while price holds above the defended base. The caution level is a sustained break below 0.275—that would weaken the higher-low structure and signal momentum loss. Until then, the chart favors buyers maintaining pressure near highs, with the tape leaning toward continuation.
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