In the past 24 hours, the ACU (Acurast Token to US Dollar Stablecoin) market has exhibited extreme volatility, attracting widespread attention from crypto investors. According to CoinMarketCap data, the ACU price surged by 39.54%, reaching a high of 0.38928, but then sharply retraced, dropping to a low of 0.17329, with a total trading volume of up to 62.9 million USD.
CoinGecko reports a price drop of 32.92%, currently hovering around 0.1704 USD, reflecting a "pump and dump" pattern.
On social platforms, traders discuss that ACU has entered a correction phase, potentially continuing to probe liquidity pools, with the community allocating 24% of tokens for incentives.
This trend stems from Acurast's potential as a decentralized computing project, but it is affected by the overall Bitcoin market, increasing short-term uncertainty.
Recommended trading strategy suggests that short-term investors adopt a "buy high, sell low" tactic: monitor the 0.17 USD support level, and if broken, consider shorting to take profit at 0.15 USD; conversely, if it rebounds above 0.20 USD, set a stop loss at 0.16 USD, with a long position target of 0.25 USD. At the same time, utilize the RSI indicator (currently oversold) combined with volume signals to avoid FOMO emotions. Long-term holders should pay attention to project updates and diversify risks into stable assets. Overall, in a high volatility environment, risk management is a priority, and it is recommended that capital does not exceed 5% of the total position.
$ACU
