Fusionist Price Prediction: Is ACE Breaking Its Long Downtrend?

Fusionist (ACE) is staging one of its sharpest moves in months, surging more than 86% in the past 24 hours as it tests the upper edge of a long-term descending trendline on the weekly chart. This Fusionist price prediction looks at what is driving the rally, why the weekly close matters more than the intraweek spike, and the levels traders are watching next. The immediate spark came from Bitget, which confirmed on August 13, 2026, that its PoolX platform is now listing $ACE, letting users lock tokens to share a 110,000 ACE airdrop. That announcement gave the rally a fresh headline, though it is only part of the story. Why Is ACE Rallying Today? TheBitget PoolX announcement provided a fresh catalyst and added visibility to $ACE, coinciding with the sharp rally as it unfolded. It arrived alongside a rapid expansion in trading activity: 24-hour volume jumped roughly 449% to $75.74 million, pushing the volume-to-market-cap ratio above 326%, an unusually high level relative to $ACE's $21.41 million market capitalization. That combination of a fresh catalyst and surging turnover added attention to an already developing breakout attempt. Futures Traders Are Split Even as Shorts Get Squeezed Futures data show the rally was fueled heavily by short covering rather than fresh long conviction alone. Open interest stood near $22.74 million as of August 14, and 24-hour liquidations totaled $1.01 million, with short positions accounting for $879.15K of that against just $129.20K in long liquidations, according toACE derivatives data from CoinGlass. Shorter windows tell the same story, with 12-hour, 4-hour, and 1-hour liquidations all skewed heavily toward shorts. Yet positioning has not turned decisively bullish. Binance's long/short account ratio sits at 0.904 and the top trader account ratio at 0.7912, both still below parity, while top trader positions sit almost neutral at 1.001. That mix suggests short covering forced part of the move, but broader trader sentiment has not fully flipped bullish. ACE Price Performance: From Crash Low to Breakout Attempt $ACE is currently trading near $0.1989, according toACE market data on CoinMarketCap. Fully diluted valuation stands at $29.24 million against an unlocked market cap of $20.59 million, with roughly 13.77K holders participating in the current move. This burst follows an earlier recovery attempt from ACE's crash lowcovered previously on CoinGabbar, when Fusionist first began stabilizing from deeply oversold levels. Weekly Chart Watch: Has ACE Escaped Its Downtrend? The real story sits on theTradingView weekly chart, not the daily candles. $ACE opened the week near $0.12290, dipped to a low of $0.09551, and has since pushed as high as $0.21675, putting the weekly candle up at the time of writing. That move has carried price above the descending trendline that has capped $ACE for months, but the weekly candle is still open.