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ELIX

$ACE is showing a strong 4H recovery after a prolonged consolidation phase.



Price has reclaimed the key moving averages with expanding momentum. The breakout is clean, but 0.2070 is the immediate resistance. A confirmed hold above it could trigger the next leg higher.

Entry Zone: 0.1780–0.1900

TP1: 0.2070
TP2: 0.2360
TP3: 0.2700

Stop-Loss: 0.1650

Support: 0.1780 / 0.1650
Resistance: 0.2070 / 0.2360

Momentum is bullish. The key confirmation is whether ACE can hold the breakout zone instead of falling back into consolidation.

#GateEventPointsSystemLaunched #USD1FuturesZeroMakerFee #SpaceXSuperInvestorsRevealedStockRallies40% #S&P500Breaks7800ForFirstTime
ACE-3.64%
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SweepFloor
· 08-20 01:35
After the moving averages converge, a high-volume rise makes the setup look genuinely good. The first target is 0.2360, and a stop-loss at 0.1650 is reasonable. But watch for it to stall at 0.2070 and chop traders up, as key levels like this are prone to fakeouts. If entering, waiting for pullback confirmation is safer.
Reply0
CustodianSkeptic
· 08-17 12:43
This four-hour recovery was pretty clean. Now it comes down to whether it can break above 0.2070 and hold there. If it does, I’ll follow with a position.
Reply0
TimeStopLoss
· 08-17 12:29
If it falls back below 0.1780 after the breakout, it was a false move, so stay cautious and don’t rush to go long.
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