🚀 $ACT /USD: TESTING KEY LEVELS – WATCH FOR A POTENTIAL BREAKOUT! ⚡
The $ACT /USD pair is currently trading at 0.3508, consolidating near crucial support and resistance zones. A breakout from these levels could lead to a significant price movement, so traders should keep a close eye on the action.
📊 Trade Scenarios:
Entry Point: 0.3508
Take Profit (TP) 1: 0.3600
Take Profit (TP) 2: 0.3750
Take Profit (TP 3): 0.3900
Stop Loss (SL): 0.3400
Support is located at 0.3400, while resistance is at 0.3600. A breakout above 0.3600 could drive the price higher toward 0.3750 and 0.3900. A drop below 0.3400 may indicate a bearish retracement.
📉 Market Outlook:
ACT/USD is holding above support at 0.3400. If the price stays above this level, there’s potential for a move toward 0.3600 and higher. A breakout above 0.3600 would confirm upward momentum, while a drop below 0.3400 could lead to further downside.
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