π Paradisers, turn your focus to #ACAUSDT! We've spotted it comfortably trading within a demand zone, hinting at potential future moves.
π A retrospective glance shows that # AcalaToken recently broke its trend line, charting an upward path. However, its rejection at the supply zone and the formation of an equal high suggest a potential downward shift.
π Currently nestled in the demand zone, if #ACA sustains its momentum, we could see a powerful surge towards the overhead resistance. On the flip side, should it breach this demand zone, it might find support and initiate a bullish continuation from the ascending trendline.
π An essential factor to keep in mind is the ascending trendline that's been playing the role of support. If ACAUSDT breaks below this trendline, we could witness a descent to approximately 0.0460.
π Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
π A retrospective glance shows that # AcalaToken recently broke its trend line, charting an upward path. However, its rejection at the supply zone and the formation of an equal high suggest a potential downward shift.
π Currently nestled in the demand zone, if #ACA sustains its momentum, we could see a powerful surge towards the overhead resistance. On the flip side, should it breach this demand zone, it might find support and initiate a bullish continuation from the ascending trendline.
π An essential factor to keep in mind is the ascending trendline that's been playing the role of support. If ACAUSDT breaks below this trendline, we could witness a descent to approximately 0.0460.
π Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
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Follow a team of traders with 10+ years of experience?
GO FREEπ t.me/+BPd2gjl6OHZjYmQ0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV