🚀 $ACT /USD: TESTING KEY SUPPORT – WATCH FOR A POTENTIAL BREAKOUT OR PULLBACK! ⚡
The $ACT /USD pair is currently trading at $0.3057, holding steady near critical support and resistance zones. Traders should keep a close eye on these levels for potential breakouts or retracements as the price action develops.
📊 Trade Scenarios:
Entry Point: $0.3057
Take Profit (TP) 1: $0.3150
Take Profit (TP) 2: $0.3250
Take Profit (TP 3): $0.3350
Stop Loss (SL): $0.2950
Support is at $0.2950, while resistance lies at $0.3150. A breakout above $0.3150 could lead to further upside, targeting $0.3250 and $0.3350. However, a drop below $0.2950 may signal a bearish retracement.
📉 Market Outlook:
ACT is currently testing support at $0.2950. A successful bounce from this level could lead to a bullish move toward $0.3150 and higher. However, failure to hold support could indicate a potential pullback.
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