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$ACE is trying to stabilize below a key resistance zone
Entry: 0.1240 – 0.1270 🔥
Target: 0.1150 🚀
Stop loss: 0.1445 ⚠️
This short-term scenario for $ACE keeps you focused on selling at a level the price has rejected several times over the past two weeks. Setting the stop loss at 0.1445 keeps the risks under control, while the first target at 0.1150 offers a clean 2.5:1 reward/risk ratio. Trading volume drops during the bounce, which tells me that buy orders are decreasing.
Are you already in a sell position, or are you waiting for a retest of 0.1270 first?
Not financial advice. Always manage your risk.
#ACE #ShortSetup #Crypto #Bearish
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$ACE