Trade Plan for ACT/USDT (4H Timeframe)
Overview:
ACT/USDT is trading at $0.3106, down 2.54%, after a sharp pullback from its recent high of $0.4500. The price is approaching the key $0.3000 support zone, signaling a critical decision point for the market.
---
Key Levels:
Resistance: $0.3500, $0.4000
Support: $0.3000, $0.2750
---
Trading Strategy:
Bullish Setup:
Entry: Near $0.3050-$0.3100 (if $0.3000 holds).
Targets: $0.3500, $0.4000
Stop-Loss: Below $0.2950
Bearish Setup:
Entry: Below $0.2950 (after a confirmed breakdown).
Targets: $0.2750, $0.2500
Stop-Loss: Above $0.3050
---
Indicators to Watch:
RSI: Look for oversold signals near $0.3000.
Volume: Rising volume with a breakout/breakdown confirms the move.
EMA: Price staying below key EMAs signals continued bearish momentum.
---
Risk Management:
Risk only 1-2% of your capital.
Maintain a 1:2 risk-reward ratio for all trades.
---
Summary:
ACT/USDT is at a pivotal point near $0.3000. Wait for confirmation before entering either bullish or bearish trades, and manage risk effectively.
Disclaimer:
This is not financial advice. Always do your own research before trading.
#ACT #TradingSignals #TradingStrategies💼💰 #ShareYourTrade #CryptoMarketDip
