$ACT /USDT BULLISH BREAKOUT 🚀
Spot traders alert 🔥
Key Levels:
- Current Price: $0.3597
- Resistance Levels: $0.3744, $0.4500
- Support Levels: $0.3430, $0.3110
Trade Setup:
- Entry: Long at $0.3597
- Take Profit (TP): $0.4500
- Stop Loss (SL): $0.3430
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to your risk tolerance, ideally risking no more than 2% of your trading capital.
Trade Summary:
We are looking for a long trade on $ACT/USDT due to a bullish breakout above the resistance level of $0.3430. The price has shown strong upward momentum, breaking through key resistance levels and indicating a potential continuation towards the next resistance at $0.4500. The stop loss is set below the recent support level to minimize risk.
Happy Trading!