$ACT $ACT
š ACT/USD Update: Trading at $0.4178 ā Is This the Start of a Bullish Run?
ACT (ACT) is currently priced at $0.4178, showing strong potential for upside momentum. Hereās a quick look at key levels, market sentiment, and potential strategies for traders looking to capitalize on ACTās price action.
Key Levels to Watch:
Support Zones: Immediate support lies at $0.40, with a more solid level around $0.375āideal for potential buy entries if the price dips further.
Resistance Levels: ACT faces resistance around $0.43, with a critical breakout target at $0.45. A move above these levels could trigger a stronger bullish move.
Entry Strategy:
For Longs: Look for entries near $0.40, targeting a breakout above $0.43, with a stop-loss around $0.375 to manage risk.
For Shorts: Watch for price rejection near $0.43 or $0.45, with potential targets for a pullback to $0.40 or lower.
Technical Outlook: ACT is holding above its key moving averages, indicating potential for further bullish action. Volume has been rising, supporting the view of a possible breakout.
Will ACT push past $0.43 and target $0.45? Keep an eye on these key levels and share your thoughts below! š
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