$ACM /USDT Current Price: ~0.496
Trend: Strong bearish
🔻 Market Structure
Price is below EMA 7 / 25 / 99 → full bearish alignment.
Lower highs & lower lows intact.
Previous rejection zone around 0.55–0.57 acting as strong resistance.
📉 Indicators
RSI (6): ~21 → Deep oversold, but oversold ≠ reversal.
MACD: Negative histogram, bearish crossover → downside momentum still active.
Stoch RSI: Near 0 → Short-term bounce possible, but only corrective unless structure breaks.
📍 Key Levels
Support
0.49–0.48 (current support)
If this breaks → 0.45 → 0.42
Resistance
0.52–0.53 (EMA7 + breakdown area)
Major resistance: 0.55
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📌 Trade Scenarios
🔴 Bearish Continuation (Higher Probability)
Short Entry: 0.515 – 0.525 (on pullback)
Stop Loss: 0.555
Targets:
TP1: 0.48
TP2: 0.45
TP3: 0.42
🟢 Short-Term Bounce (Counter-trend, risky)
Only if daily closes back above 0.52
Upside limited to 0.55–0.57
Not a trend reversal unless 0.60+ reclaimed with volume
If you want, I can also give:
✅ Scalp setup (15m / 1H)
✅ Exact entry using RSI + EMA strategy
✅ Risk-managed spot plan