SHORT $ACU - SEVERE BREAKDOWN WITH PERPETUAL CONTRACT PRESSURE
Current Price: $0.21183
Signal: Price has experienced severe breakdown with -15.95% daily loss, breaking below MA60 support in perpetual contracts, indicating extreme selling pressure.
Entry: 0.21100 - 0.21250
TP1: 0.20500
TP2: 0.20000
TP3: 0.19500
SL: 0.21600 (above MA60 resistance)
CHART ANALYSIS:
Extreme Daily Decline: -15.95% loss shows aggressive selling pressure and breakdown acceleration.
MA60 Breakdown Confirmed: Price trading near MA60 ($0.21130) with downward momentum confirms loss of critical support.
Perpetual Contract Leverage: As a perpetual contract, this move may be amplified by leveraged short positions and funding dynamics.
Severe Selling Momentum: Extreme percentage decline suggests panic selling or forced liquidations.
Technical Breakdown: Price breaking below key moving average with heavy volume suggests continuation downward.
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