$ACT $ACT

📉 ACT/USDT Analysis: Is the Downtrend Nearing a Turning Point? 📉

The ACT/USDT pair has been under selling pressure, currently trading at $0.6130 with a -3.01% drop. The price has tested a key support level at $0.6097, which has held firm for now, signaling potential buyer interest. However, resistance looms overhead at $0.6360 and $0.6663, levels that bulls need to conquer for a reversal to take shape.

Key Levels to Watch:

🔑 Support: $0.6097 — A break below could open the door for a drop to $0.6000.

🔑 Resistance: $0.6360 — A breakout here could signal bullish momentum.

Entry Strategy:

🚀 For Bulls: Watch for a breakout above $0.6360 with high volume for a potential long entry.

⚡ For Bears: A sustained move below $0.6097 could offer short opportunities, targeting $0.6000 or lower.

With significant volume spikes during declines, this pair is in a decisive zone. Will the support hold, or is a deeper drop imminent? Stay alert and let the market guide your moves. 📊

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