Market Outlook — $ACH 1D Bears Eye Potential Bounce
$ACH remains under bearish pressure but currently rests above a key demand zone near 0.0110, suggesting the potential for a short-term rebound. Watch for a bullish reversal setup as a catalyst for upside momentum.
The dominant trend is still downward; however, holding above 0.0110 could trigger a bounce targeting resistance around 0.0137. Failure to maintain support at 0.0099 would reinforce bearish momentum and likely drive the price toward 0.0080. Confirmation via bullish price action or structure break on a lower timeframe is critical before considering longs. This note is abridged. The full analysis with TP/SL/entry levels and advanced setups is inside the Finora Telegram bot.
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