$ACT /USDT 4H Signal: Potential Bearish Continuation

$ACT /USDT has been on a downward trend since reaching a high of $0.4665 on [Date]. The price has retraced significantly, currently trading at $0.3750, indicating a potential bearish continuation.

Key Levels:

* Resistance: $0.3800, $0.4000, $0.4200

* Support: $0.3500, $0.3200

Trade Idea:

* Entry: Consider a short position at the current price of $0.3750 or a slight pullback to the $0.3800 resistance level.

* Stop Loss: Place a stop loss above the recent high at $0.4000 to protect against unexpected bullish reversals.

* Take Profit Targets:

* TP1: $0.3500

* TP2: $0.3200

* TP3: $0.3000

Caution:

* The market is highly volatile. Traders should exercise caution and manage their risk appropriately.

* Monitor the market closely for any signs of stability or potential breakout signals.

Hashtags:

#ACTUSDT #CryptoTrading #TechnicalAnalysis #Binance #TradingSignal