📢$ACE USDT PERPETUAL TECHNICAL ANALYSIS BEARS IN CONTROL, FURTHER DOWNSIDE AHEAD 📉
$ACE USDT is trading under sustained selling pressure, showing a clear bearish market structure on the higher timeframes. Price action continues to respect lower highs and lower lows, confirming trend continuation rather than reversal. Recent attempts to reclaim key moving averages have failed, indicating weak bullish momentum and strong supply overhead.
The rejection from the upper resistance zone highlights aggressive distribution, while volume behavior supports continuation to the downside. As long as price remains below the major resistance band, bears are expected to dominate the next move.
Key Resistance Zone 0.2480 – 0.2528
This area aligns with previous breakdown levels and dynamic resistance. Any pullback into this zone is likely to face strong selling pressure.
Bearish Targets:
TP1: 0.2357
TP2: 0.2295
TP3: 0.2247
TP4: 0.2232
Invalidation / Stop Loss SL: Above 0.2543
A strong close above this level would invalidate the bearish setup and signal a potential trend shift.
📢Trade$ACE here👇
Risk Management Risk no more than 1–2% of total capital per trade, wait for confirmation near resistance, and trail stops as targets are reached.
#TechnicalAnalysis #CryptoTrading #ClawdBotSaysNoToken #PerpetualFutures #BearishTrend