🚨 $ACT /USDT ALERT: Downtrend Continues – Critical Levels in Focus! 🚨
$ACT is trading at 0.6009, dropping 9.84% in the last 24 hours. With bearish momentum dominating, the price is approaching significant levels that traders must watch.
💡 Key Targets to Monitor
Target 1: 0.6200 – A possible rebound level; reclaiming this could stabilize the trend.
Target 2: 0.6400 – A key resistance level indicating a potential recovery.
Target 3: 0.6930 – The 24-hour high; breaking above could reignite bullish sentiment.
📉 Support Zone: 0.5795 – Holding this level is crucial to prevent further downside.
🔥 Market Insights
24-Hour High: 0.6930 – Resistance remains strong above this point.
Moving Averages: $ACT is trading below MA(25) and MA(99), signaling bearish pressure.
⚠️ Trade Strategy: Consider short positions while below 0.6200 with stop-loss above 0.6400. Watch for bullish signals near the support zone for potential long entries.
Stay alert – ACT's next move could define its trend!