Personal views on acx

Low market value, high circulation

Concentration of coin supply, controlled by big players

During the first wave of rise, a drop to 0.053 occurred

This is considered a large holder's entry position

After that, a sideways movement will lead to 2 outcomes

One is a sideways phase followed by a spike and then a waterfall

The other is 2 drops!

Killing off the weak or those with high leverage

When it falls below a certain position of 0.053, it will induce shorts and reverse the rise

A big bullish candle will explode the shorts!

After that, either a sideways movement followed by a waterfall or a fluctuation

The top 10 of acx accounts for about 74, which can be considered a big player's coin

Today's strategy backfired

At around 0.53

Stop loss at 0.50

Was directly taken out

Looking bullish in the later stages!