The $ACE /USDT chart is showing a solid upward trend with the price currently at $0.285, reflecting a 7.14% gain. The price is above all major moving averages, indicating a strong bullish momentum. The recent high reached $0.296, with the price sitting near the top of the recent range.
Entry Points:
The price has pulled back slightly to $0.285, and this could be a potential entry point. Alternatively, waiting for a small pullback to around $0.280 could offer a safer entry.
Stop Loss:
A reasonable stop loss could be placed just below the recent support level around $0.253. This will protect against the downside if the trend reverses.
Take-Profit Levels:
First TP around $0.296 (recent high), as it has been a resistance level.
Second TP at $0.300, a psychological resistance level that may act as a further target for the price.
Third TP at $0.310 for a more aggressive target if the trend continues strongly.
The chart is showing solid upward momentum, so buying at current levels seems reasonable. However, consider placing a stop loss just below $0.253 to manage risk and target the resistance levels above.
