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๐Ÿ”Ž Binance Technical Analysis: $ACT

/USDT

๐Ÿ“‰ Current Price: $0.3543 (-21.98%)

๐Ÿ“Š 24h Range: $0.3389 - $0.4623

๐Ÿ“ˆ Key Resistance Levels: $0.3700 | $0.4000

๐Ÿ“‰ Key Support Levels: $0.3500 | $0.3400

Market Observations:

ACT/USDT is experiencing significant downward pressure, dropping nearly 22% in the last 24 hours.

The 15m chart indicates short-term consolidation near $0.3540, hinting at potential support.

Volume Analysis: Increased trading volume (343.62M ACT) suggests heightened activity, possibly driven by sell-offs or market speculation.

Indicators: RSI signals oversold conditions, suggesting a possible reversal if buying momentum picks up.

Outlook:

A break above $0.3700 could signal a short-term recovery toward $0.4000.

Failure to hold $0.3500 might push the price toward the next support at $0.3400.

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