$ACT /USDT Short Trade Opportunity! ๐ฅ
Current Setup:
$ACT /USDT ๐ is showing signs of a reversal after hitting resistance near $0.4130. ๐ Momentum is shifting bearish ๐ป on the 1-hour timeframe, indicating a potential short opportunity.
Trade Plan:
* Entry Zone: $0.3675 - $0.3700 ๐ฏ
* Stop Loss (SL): $0.4140 (Above recent highs) ๐
* Take Profit (TP):
* TP1: $0.3400 (First key support) ๐ฐ
* TP2: $0.3200 (Extended target for deeper correction) ๐ฐ๐ฐ
Risk Management:
Allocate no more than 2-3% of your capital for this trade. ๐ฐ Adjust position size based on your SL to ensure proper risk control.
Market Insight:
Volume spikes ๐ and previous rejection at $0.4130 confirm strong resistance. ๐ซ Monitor closely for breakdowns below $0.3600 to confirm further downside. ๐
