ACE/USDT – Breaking Out of the Falling Wedge? Potential ReversalACE / TetherUSBINANCE:ACEUSDTCryptoNuclear📝 Technical Analysis Overview: The ACE/USDT pair on the daily timeframe (1D – Binance) is showing signs of a potential breakout from a long-standing falling wedge pattern, suggesting a possible trend reversal to the upside. 🔍 Key Technical Highlights: 1. Falling Wedge Pattern: A clearly defined falling wedge has formed from the December 2024 peak near $3.742, down to the current consolidation zone between $0.425–$0.514. This yellow support box represents a strong demand zone, with repeated price reactions since April 2025. 2. Major Support and Resistance Levels: Strong Support: $0.425 – $0.514 (accumulation zone) Potential Resistance / Upside Targets: $0.622 $0.756 $1.053 $1.339 $1.703 $2.254 $2.882 $3.623 (just below the previous high at $3.742) 3. Bullish Breakout Scenario: A confirmed breakout above the descending trendline and resistance at $0.622 could trigger a bullish move toward higher targets. The first key breakout confirmation would be a daily close above $0.756 with increasing volume. 4. Early Signals & Validation: A breakout with strong momentum followed by a successful retest of the trendline would validate the bullish setup. Watch for high volume and candle structure during the breakout phase to avoid fakeouts. 📌 Summary: ACE is currently testing the final stage of a bullish falling wedge. A successful breakout could lead to a strong trend reversal with targets beyond $1.0 and higher. This setup offers a good risk/reward opportunity for bullish traders—confirmation is key.