🔍 #ACT : Technical Analysis (4-Hour Timeframe)

📊 General Overview:

Current Price: $0.3953 (+22.08%).

24h High: $0.4127 | 24h Low: $0.3110.

After a sharp drop and prolonged consolidation, the price shows volume spikes and growth.

📈 Support and Resistance Levels:

🛠 Support: $0.3140 (recent local low), $0.0196 (global low).

⚔ Resistance: $0.6554, $0.9500 (previous highs).

📊 Volumes and Trends:

🚀 Rising volume signals renewed interest in the asset.

✅ MA(5) and MA(10) indicate the beginning of an uptrend.

Recommendations:

Entry Points:

1️⃣ $0.3700–0.3800 — Correction after the current impulse.

2️⃣ $0.3140–0.3300 — Strong support, good for accumulation.

3️⃣ $0.2400–0.2600 — Long-term support zone for minimal risk.

Profit-Taking Levels:

🎯 $0.4127–0.4200 — Nearest resistance, partial profit-taking.

🎯 $0.5500–0.6550 — Intermediate target for continued growth.

🎯 $0.9000–$0.9500 — Global high for securing major profits.

⚠ Risks:

A pullback to $0.3140 is possible if volumes decline.

A break below $0.3140 may push the price back to global lows near $0.0196.

Conclusion:

The current price shows signs of recovery. ⚡ Given the asset's volatility, it’s recommended to secure profits at each resistance level while gradually increasing position size on pullbacks. 🚀

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