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$ACH ACH/USDT (1h) Testing a Double Bottom Breakout
ACH/USDT is forming a large double bottom pattern on the 1H chart, with two major lows developing around $0.0048–$0.0049 and a shared neckline resistance near $0.00535–$0.00540.
Price has now recovered back to the neckline and is testing a potential breakout. A confirmed close and hold above this resistance could validate the bullish reversal structure and open the way toward the $0.0060–$0.0062 measured target area.
A rejection from the neckline would keep the pattern unconfirmed and could lead to another pullback toward the lower part of the structure.