šØ ALERT: $ACT Nearing Critical Levels ā Prepare for a Big Move! šØ
$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!