ACE worth $0.13—dare you chase it?

First, look at the surface: a “dead” token that fell from $17 to $0.06 suddenly “came back to life.”

In the past 24 hours, ACE violently surged from the low of $0.0614, with a rise that at one point exceeded 122%. The 24-hour trading volume expanded to about 6 times the 7-day average. The price has cumulatively gained 95%, and is now at $0.1353, ranking 7th on the hot search list. Its market cap is only a little over $10 million, with a circulating supply of 104 million tokens.

First thing: historical all-time low + violent rebound—the script is way too familiar.

On July 13, ACE just set a historical low of $0.068. It fell from $17 to 6 cents, a drop of 99.6%—tell me, how much lower can it go?

Then what? On July 20, it doubled in a day.

We’ve seen this same storyline too many times: ZEC crashed from 680 to 250, then rebounded back to 400; ALLO fell from 0.48 to 0.28, then violently rebounded.

Second thing: don’t let the “doubling” make you lose your head—this could be a liquidity trap.

But then again—ACE is fundamentally different from ZEC and ALLO.

“This is a standard liquidity trap. The main force pumps a 20% move using only 2% of the funds—the real bid is paper-thin.”

On-chain data shows that over the past 4 hours, more than 6 million ACE have piled up in the $0.078–$0.08 range—mostly trapped positions and short-term profit-taking. 70% of the transaction value is exchange-internal wash trading; the signal light for retail bag-holders is already flashing red.

Doubling feels great, but you need to figure it out—are market makers pulling the strings, or is someone truly buying?

Third thing: the technicals are at a level that you must treat with caution.

On the daily chart, it has jumped from $0.06 to $0.15, and the RSI has already entered the overbought zone. On the 4H timeframe, there are clear signals of volume expansion with a stalled grind.

But the $0.15–$0.18 area is the high-point zone of the May rebound. If it can’t break through, then it becomes a double top, with a pullback back below $0.10.

Bulls vs bears—judge for yourself.

One side says:

From $17 to $0.06, down 99.6%—where else can it go?

A 24-hour doubling + trading volume up 6x + 7th on the hot search list, with capital flowing in

Low market cap ($10 million), small float—easy to push up

The game keeps getting updated; ACE Arenas Season 2 is already live

The other side says:

Unlocked on July 11, with continuous sell-pressure diluting supply

70% of trades are wash trading; real buying is weak

$0.15–$0.18 is the densest historical trapped-position area

Fundamentals haven’t changed—purely capital-driven

Key levels

Resistance above: $0.15 → $0.18 → $0.20–$0.25

Support below: $0.10–$0.12 → $0.08 → $0.065 (a “hard floor”)

For short-term traders:

If you want to “lick blood off the blade,” place orders to enter at $0.072–$0.074, with position size no more than 3% of total funds. Stop-loss at $0.069. Take-profit in two stages: sell half at $0.079 first, and exit the rest at $0.085.

For conservative players:

Wait. Wait for the daily close to hold above $0.15, and for trading volume to keep expanding, then consider getting in from the right side.

For the bears’ playbook:

If around $0.15 you see volume-expansion but a stalled move plus long upper wicks, you can consider shorting with a light position, stop-loss at $0.165, target $0.10–$0.08.

Risk-control iron rules:

Don’t let your ACE position exceed 3–5% of your total funds

Don’t touch leverage—this volatility can wipe you out in a 5x move

Set your stop-loss—don’t hold and hope. A coin that fell from $17 to $0.06—anything can happen

ACE fell from $17 to 6 cents—down 99.6%—

This isn’t a return to value; it’s dancing on a corpse.

A one-day doubling is tempting, but think it through: are you here to invest, or to gamble?

In a bull market, you make money with good judgment. In a bear market, you make money with patience. With a coin like ACE, staying alive matters more than making money. #GUSD年化升至3.8% #GateDEX全面接入RobinhoodChain #夏日创作营 $BTC $ETH $ACE