Binance: August Loan Challenge Distributes 500,000 ACE
Binance Flexible Loan August Challenge lets users borrow USDT, USDC or ACE for 500,000 ACE rewards from Fusionist and interest-free vouchers, with ACE at $0.11.
SourceAnalysis
Binance opened the Flexible Loan August Challenge, allowing borrowers of USDT, USDC or ACE to claim a share of 500,000 ACE from Fusionist plus an interest-free voucher.
ACE price action shows the token holding the EMA50 at $0.11 while the EMA200 sits at $0.09 as concrete support. The RSI(14) at 46.3 remains neutral and the MACD prints a death cross at 0.0, yet price stays inside the Bollinger band with upper resistance at $0.15 and lower support at $0.1. Institutional desks watch for a test of the upper band before any retracement toward the 50-EMA confluence.
Binance
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