$ACE is preparing to open a short position.



The current trend is still moving downward—the “flying knife” is still falling. I think you can follow the move and do a breakdown short. The entry area to watch is around 0.095 to 0.09737. If it keeps dropping, the downside targets could be 0.08909 and 0.08341. Place the defensive stop-loss at 0.10224.

But be mindful of the risk: RSI being oversold may trigger a sudden, sharp rebound. Never go all-in; use a position size suitable for your account. Also, $ERA and $ZHIPU can keep an eye on the subsequent trend.
ACE-22.02%
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