$ACT Analysis: Successful Trade on Binance Futures 🚀
Today I executed a trade on the ACT/USDT pair using 5x leverage on Binance Futures. I based my entry on accurate technical analysis, identifying key levels based on the range marked on the chart.
📈 Trade details:
Entry price: 0.4163 USDT
Last price: 0.4904 USDT
Cumulative profitability: +75.61%
🛠 Chart analysis:
On the attached chart (1 hour timeframe), you can see:
1. A structure marked by a key range in blue that delimited support and resistance zones.
2. The price respected the upper and lower range levels, providing confluence for a well-founded entry.
3. The bullish breakout and subsequent consolidation strengthened the move towards the target.
This trade reinforces the importance of a well-founded technical analysis and patience to wait for confirmations.
💬 What do you think about this trade?
Leave me your comment and let's continue learning together! 🔥