#ACM is moving inside a descending channel on the daily chart. It has been rejected from the channel resistance and the Ichimoku cloud. If the daily candle closes below the daily MA50, it will likely retest the support zone and the channel’s midline. In case of a breakout above the channel resistance, the targets are:
🎯 $1.054
🎯 $1.249
🎯 $1.406
🎯 $1.564
⚠️ Use a tight stop-loss.
🎯 $1.054
🎯 $1.249
🎯 $1.406
🎯 $1.564
⚠️ Use a tight stop-loss.
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