$ACE / USDT — Rejection from Supply, Bearish Continuation Setup

ACE is showing clear bearish pressure on the 1H timeframe after a sharp rejection from the 0.295–0.300 supply zone. The impulsive upside move failed to sustain, and price has broken back below the 0.285 support area, signaling potential downside continuation.

Direction: Short

Entry Zone:

0.282 – 0.288

Targets:

Target 1: 0.275

Target 2: 0.268

Target 3: 0.260

Stop Loss:

Above 0.302

Bearish structure remains valid as long as price stays below the 0.290 resistance zone. Continued weakness below 0.280 can accelerate downside momentum toward the lower demand area.

ACE

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