Binance Technical Analysis: $ACT

/USDT - Price Targets & Key Levels

ACT/USDT has shown remarkable movement in the past 24 hours, reaching a high of $0.6636 and a low of $0.4170. With a 49.04% increase, the coin is drawing attention for its price action. Here's a technical breakdown with 3 key price targets for traders to watch.

Key Levels:

1. Target 1: $0.6500

This level represents a potential resistance point. If ACT can break above this, it could signal continued bullish momentum. Watch for strong price action around this level for potential opportunities to enter or exit positions.

2. Target 2: $0.6000

As a key support level, the $0.6000 mark could serve as a crucial area for traders looking to enter on a dip. A bounce here could confirm that buyers are still in control, suggesting further upside potential.

3. Target 3: $0.4170

The recent low serves as an important support level. If ACT retraces here, it could present an attractive entry point for long positions, provided market conditions remain favorable.

4-Hour Chart Analysis:

Current Price: $0.6391 (+1.20%)

Trend: Bullish momentum continues, with potential to retest higher resistance levels.

Volume Analysis:

24h Volume (ACT): 653.25M

24h Volume (USDT): 371.42M

Stay tuned for further updates and use these targets to guide your trades in the upcoming sessions! Keep in mind that market conditions are dynamic, and caution is advised.

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