The ACNUSDT pair has successfully broken out of a long-term descending trendline and is currently consolidating above the breakout zone. We can observe accumulation with a clear support level forming around the recent lows.
A long position has been opened at the current levels with an excellent risk-to-reward ratio. If the support holds, we expect a strong upward continuation.
• Direction: Long 🟢
• Entry Price: ~0.004847
• Stop Loss: 0.003829 (Below the accumulation zone / local low)
• Take Profit: 0.014547 (Targeting the previous major resistance area)
• Risk/Reward Ratio: ~9.5+
Disclaimer: This is not financial advice. Always manage your risks properly.