Hey. $ACQ dropped 26%. That's a big move down. Now everyone is asking — is this the bottom or is there more down?
LONG ACQ (bounce play):
Entry: 0.000410 – 0.000420
Stop loss: 0.000400
Take profit: 0.000435 / 0.000450 / 0.000470
Only if price holds above 0.00041 and you see buyers coming back.
SHORT ACQ (trend is your friend):
Entry: 0.000418 – 0.000425
Stop loss: 0.000435
Take profit: 0.000405 / 0.000395 / 0.000385
I'll tell you straight: The volume on the way down was strong. That means sellers are still in control. I lean short, but watch 0.00040 — if that breaks, more down coming.
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