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【$ACU Signal】Bearish | Weak consolidation after volume breakout
$ACU After experiencing a -18.75% volume-driven decline in a single day, it has entered a weak consolidation phase. The price action shows sideways movement after the decline, with no effective rebound, typical of a bearish continuation pattern. Market logic indicates high open interest combined with falling prices suggests potential long liquidation or sustained selling pressure from major players.
🎯 Direction: Short (Short)
🎯 Entry: 0.1880 - 0.1920
🛑 Stop Loss: 0.1980 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.1750
🚀 Target 2: 0.1600
Core logic: Price breaks down volume-wise at a key support level, forming a clear downtrend. Price declines under high open interest are usually accompanied by long stop-loss orders, creating negative feedback. The current narrow sideways range and lack of rebound indicate accumulation of bearish momentum. Market sentiment leans toward panic and selling, making any small rebound a new shorting opportunity. Statistically, in a downtrend, a weak rebound that continues downward has a higher probability of success.
Trade 👇 $ACU
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