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#NVIDIAEarnings
ACEUSDT, the main trend is bearish as the price is moving below the EMA 20, EMA 50, and EMA 200.
Technical Analysis (1-Hour & 15-Minute).
1-Hour Timeframe (1H): The trend is experiencing a sharp decline from its peak at 0.2156, forming local support at 0.1880. The recovery attempt (rebound) was halted around the EMA 50 area (approximately 0.2009) before declining again toward 0.1941
15-Minute Timeframe (15M): After a temporary impulsive surge (testing the 0.2010+ area), the price underwent a sharp correction and broke below the EMA 20 (0.1954) and EMA 50 (0.1956). This indicates that short-term selling pressure still dominates.
Trading Opportunities
Short / Sell Scenario (Dominant/Trend-Aligned):
Entry: Enter a Short position when the price retests the nearest resistance area at 0.1955–0.1965 (15M EMA 20/50) and shows rejection.
Stop Loss (SL): Set above the latest 15M swing high, around 0.2015.
Take Profit (TP): Target 1 at the nearest support area of 0.1900, and Target 2 at the previous low of 0.1880.
Long / Buy Scenario (Aggressive Counter-Trend):
Entry: Enter a Long position only if the price holds and forms confirmation of a Double Bottom or a strong bullish pin bar in the 0.1880–0.1900 support zone
Stop Loss (SL): Set tightly below 0.1870.
Take Profit (TP): Target the EMA 20/50 area (0.1960–0.2000).
Always prioritize risk management by limiting the maximum loss to 10–20% per trade, as market volatility remains high.
$ACE