$ACT /USDT: A Strong Rebound at $0.3723 (+3.07%) – Bullish Momentum
Building?
Achain ($ACT) is trading at $0.3723, up +3.07% in the last session. After retreating from a peak of $0.4130, ACT has stabilized and shows signs of recovery near key levels.
Key Levels to Watch:
Resistance: $0.3764 – Breaking above this level could reignite bullish momentum.
Support: $0.3471 – Holding above this level is crucial to maintain upward trajectory.
Market Observations:
ACT surged from $0.2904 to a high of $0.4130 before a retracement.
Consolidation above $0.3700 suggests buyers are regaining control, with higher lows indicating strength.
Next Potential Moves:
Bullish Breakout: A move above $0.3764 could push ACT toward $0.3900 and potentially retest $0.4130.
Bearish Breakdown: Falling below $0.3471 may trigger a deeper pullback to $0.3300.
Traders should watch for volume spikes and trend confirmations at these critical levels. Will ACT sustain its upward momentum or face resistance at current levels?