$ACT Trading Setup
Entry Point: $0.3690 – Aligns with the short-term consolidation phase, indicating a potential rebound opportunity.
Stop Loss: $0.3450 – Below the recent low of $0.3471 to minimize losses.
Target: $0.4450 – Matches the previous high during the recent rally for a good risk-to-reward ratio.
Key Indicators:
RSI: 29.63 (Oversold, suggesting a potential bounce).
Price trading below EMAs (7, 25, 99) but showing signs of reduced selling pressure.
Monitor $ACT closely for breakouts or further trends.