📊 $ACX
ACX/USDT Technical Analysis Update
💎 Current Price: 0.6145 USDT
📈 24H High: 0.6545 USDT
📉 24H Low: 0.5821 USDT
Technical Overview
The ACX/USDT pair is showing positive momentum with a 5.08% increase in price over the past 24 hours. Here’s a breakdown of key technical indicators:
MA (7): 0.6292 – Short-term resistance lies near this level.
MA (25): 0.6096 – Strong support zone; price remains above this, indicating bullish sentiment.
MA (99): 0.5720 – Long-term support, unlikely to be tested unless strong selling occurs.
Trading Volume
24H Volume (ACX): 52.13M
24H Volume (USDT): 32.06M
High trading volume suggests strong interest in the token.
🎯 Price Targets
1️⃣ Target 1 (Resistance): 0.6300 USDT
Rationale: Close to the MA (7) level, breaking this would confirm a short-term bullish breakout.
2️⃣ Target 2 (Breakout): 0.6545 USDT
Rationale: Aligns with the 24-hour high. A successful breach above this point may signal the next bullish leg.
3️⃣ Target 3 (Bullish Extension): 0.6800 USDT
Rationale: Psychological resistance level and potential area for profit-taking in case of strong momentum.
Key Support Levels
Support 1: 0.6096 USDT (MA 25)
Support 2: 0.5853 USDT (Depth Level)
A breakdown below these levels could lead to a retest of the 0.5720 USDT (MA 99) long-term support.
🚀 Trading Advice
Bullish Sentiment: Monitor 0.6300 USDT for a potential breakout entry.
Take Profit: Consider exiting positions near 0.6545 USDT or 0.6800 USDT for maximum gains.
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