Price action on $ACM

ACM

0.523

-0.94%

shows a sharp impulse followed by a controlled pullback and extended consolidation. The post-spike correction has held above the key support zone, with price now stabilizing and forming a higher base. This behavior suggests absorption rather than distribution, and as long as buyers continue to defend the current range, the structure favors a continuation move toward higher resistance.

Trade Setup (Long)

Entry Zone: 0.520 – 0.530

Target 1: 0.550

Target 2: 0.575

Target 3: 0.610

Stop Loss: 0.505