$ACT /USDT BULLISH BREAKOUT 🚀
Key Levels:
- Current Price: $0.2970
- Resistance Levels: $0.3029, $0.3119
- Support Levels: $0.2897, $0.2718
Trade Setup:
- Long Entry: $0.2970
- Take Profit (TP): $0.3119
- Stop Loss (SL): $0.2897
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to your risk tolerance, typically 1-2% of your trading capital.
Summary:
We are looking for a long trade on $ACT/USDT due to a bullish breakout above the $0.2970 level. The price has shown strong upward momentum, and breaking above the resistance at $0.3029 could lead to further gains towards the next resistance at $0.3119. Setting a stop loss at $0.2897 helps manage risk in case of a pullback. 📈💸
Happy trading and may the market be in your favor! 📈💸