šŸšØ ALERT: $ACT Nearing Critical Levels ā€“ Prepare for a Big Move! šŸšØ

$ACT is currently trading at $0.5362, down by 2.01% in the last 24 hours. With a 24-hour low of $0.4849, the price has rebounded and is now testing key zones. Traders should watch these levels closely as volatility looms.

Key Levels to Watch

1. Resistance Level 1: $0.5545

Breaking above this level could initiate a recovery rally, targeting higher resistance levels.

2. Resistance Level 2: $0.6098

A strong move through this zone may signal further bullish momentum.

3. Ultimate Resistance: $0.6854

Clearing this level could indicate a return to a strong uptrend.

Support Levels

Support Level 1: $0.5300 (EMA 7)

Holding above this level is crucial to maintain short-term stability.

Support Level 2: $0.4849 (24h Low)

A drop below this could lead to a deeper retracement towards $0.4170.

Trade Setup

Long Entry: Above $0.5545, aiming for $0.6098 and $0.6854.

Short Entry: Below $0.5300, targeting $0.4849 and potentially $0.4170.

Stop Loss: Around $0.5200 to manage risk effectively.

Stay alert as ACT tests these crucial levels. A decisive breakout or breakdown is imminent!

#Crypto #ACT #Binance #TradingSignals #TechnicalAnalysis