ACM has recently come out of the step-by-step repair market, which is worth paying attention to.
The price is currently stable around 0.570, standing on the short-term, 25-hour and 99-hour moving averages ( at 0.568, 0.565, and 0.549), which usually means that the bulls still have a play. The technicals look healthy.
Where is the key position? Looking up, the range of 0.585-0.590 is a hurdle, if it can break through cleanly, there is theoretically room to test the previous high of 0.62( to be precise, 0.623) or even higher. Downwards, the hourly moving average of 0.565(25 ) is the first line of defense, and the real hard support is at the swing low of 0.521.
In terms of trading volume - there was a wave of buying when it was pulled up before, but now it has gradually calmed down. But as long as the price can hold above the moving average, the uptrend has not been broken. Next, it will be up to you to see if you can complete the charge in this position and prepare for the next wave of breakthroughs.
Short-term strategy: Observe whether 0.585 can stand firm, and it will be safer to make decisions with changes in volume and energy.
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RektButSmiling
· 15h ago
If I can't break through this 0.585 level, I'll just clear my position directly, no more nonsense.
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FrogInTheWell
· 20h ago
0.585 can be broken, there is a play, but the amount can keep up, now it's so flat I'm a little hanging
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SelfStaking
· 23h ago
The hurdle of 0.585 is not easy to break, and I am a little worried that the amount can be so calm
ACM has recently come out of the step-by-step repair market, which is worth paying attention to.
The price is currently stable around 0.570, standing on the short-term, 25-hour and 99-hour moving averages ( at 0.568, 0.565, and 0.549), which usually means that the bulls still have a play. The technicals look healthy.
Where is the key position? Looking up, the range of 0.585-0.590 is a hurdle, if it can break through cleanly, there is theoretically room to test the previous high of 0.62( to be precise, 0.623) or even higher. Downwards, the hourly moving average of 0.565(25 ) is the first line of defense, and the real hard support is at the swing low of 0.521.
In terms of trading volume - there was a wave of buying when it was pulled up before, but now it has gradually calmed down. But as long as the price can hold above the moving average, the uptrend has not been broken. Next, it will be up to you to see if you can complete the charge in this position and prepare for the next wave of breakthroughs.
Short-term strategy: Observe whether 0.585 can stand firm, and it will be safer to make decisions with changes in volume and energy.