đ¨ $ACT /USDT ALERT: Price Drops to Key Support â Will Bulls Defend? đ¨
$ACT is currently trading at $0.4053, down 16.05% in the past 24 hours. After hitting a 24-hour high of $0.4829, the token has retraced significantly, approaching critical support levels. This drop presents both risks and opportunities for traders.
Key Levels to Watch:
đ Support Levels:
1. $0.4000 â Immediate and psychological support.
2. $0.3800 â A deeper level where buyers may regain control.
đ§ Resistance Levels:
1. $0.4300 â A short-term barrier for any recovery attempts.
2. $0.4500 â A crucial zone to break for bullish momentum.
Trade Strategy:
Bullish Scenario: A bounce from $0.4000 could aim for targets at $0.4300, $0.4500, and potentially $0.4700.
Bearish Scenario: A breakdown below $0.4000 may see the price heading toward $0.3800 or lower.
â ď¸ Caution: Current trends suggest high volatility. Apply strict risk management and monitor volume closely for potential reversals.
Keep an eye on $ACT /USDT to spot the next big move!
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