The $ACT /USDT 15-minute chart currently shows a trading price of 0.5748, with recent volatility indicating potential areas for trading opportunities.
The chart highlights a strong resistance level at 0.6370, where the price might face selling pressure if it continues upward.
Support is identified around 0.4550, serving as a crucial level for potential pullbacks.
For a trade entry, 0.5750 provides a strategic point close to the current price, aligning with the chart's recent movement. Profit-taking targets are set as follows: TP1 at 0.5850, TP2 at 0.5950, and TP3 at 0.6050, allowing for gradual gains in line with the trend.
A stop-loss (SL) placed at 0.4500 is advisable to manage risk, protecting against any sharp downturns.
This setup is intended to capitalize on upward momentum while ensuring risk is carefully controlled.
