๐Ÿšจ$ACT /USDT - MEME COIN ready for short entry now๐Ÿ”ฅ

$ACT/USDT is currently trading at $0.5619, down 12.41% in the last 24 hours. The 24-hour high and low are $0.6489 and $0.5532, respectively. The 24-hour trading volume is $162.20M for ACT and $95.81M for USDT.

Market Overview ๐Ÿ‘€

The market for $ACT/USDT is currently in a bearish trend ๐Ÿ“‰, with the price falling steadily over the past 24 hours. The 4-hour chart shows a clear downtrend, with the price forming lower highs and lower lows. The 1-hour chart also shows a bearish trend, with the price trading below its 50 and 200-day moving averages.

Trade Setup ๐ŸŽฏ

Long Entry:

* Entry Price: $0.5500

* Target Price (TP1): $0.6000 ๐ŸŽฏ

* Target Price (TP2): $0.6500 ๐ŸŽฏ

* Stop-Loss (SL): $0.5000 ๐Ÿ›‘

Short Entry:

* Entry Price: $0.5800

* Target Price (TP1): $0.5500 ๐ŸŽฏ

* Target Price (TP2): $0.5000 ๐ŸŽฏ

* Stop-Loss (SL): $0.6000 ๐Ÿ›‘

Market Outlook ๐Ÿ”ฎ

The overall market outlook for $ACT/USDT is bearish. The price is currently in a downtrend, and there is strong selling pressure from investors. However, it is important to note that the market is volatile, and the price could move in either direction. Traders should use stop-loss orders to protect their profits.

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