ACHUSDT (1H) - Technical Analysis & Trade Setup📌 Market Overview:
The price is currently at 0.02783, forming a range-bound consolidation after an initial bullish move.
A potential breakout setup is visible, with an entry at the current market price (CMP).
The risk-to-reward ratio suggests a bullish trade setup with defined stop-loss and take-profit levels.
📈 Trade Plan: Long Position (BUY Setup)
🎯 Entry: At Current Market Price (CMP) ~0.02783
🎯 Take Profit Targets:
First Target (Resistance Level): 0.03155
🔻 Stop-Loss:
Below 0.02675, as a drop below this level could trigger further downside.
🔴 Bearish Scenario (Trade Invalidation)
If price fails to hold above 0.02700, a breakdown could lead to further downside.
A drop below 0.02675 may invalidate the bullish setup.