$ACE is preparing to buy the dip and catch a rebound.



The daily chart’s bottom shorts are being squeezed, and an oversold rebound could come at any time. You can watch the 0.08326 - 0.08539 area; the first target is 0.08751. If it goes well, there’s a chance to touch 0.09006. Also keep an eye on $BANK and $SNDK—bulls are starting to show activity too.

But this trade is a contrarian short-term setup. If it breaks below 0.0838, be careful; if 0.08076 breaks, the setup is invalid. Don’t get carried away and go all-in—control your position size based on your account, and mind the risks.
ACE-10.16%
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