$ACT /USDT Technical Analysis and Trade Signal
Current Price: $0.3747 (-17.92%)
24h High/Low: $0.4678 / $0.3686
Trading Volume: 255.38M ACT (~$105.46M)
Momentum: Bearish
Technical Indicators
1. SAR (0.02, 0.2): $0.3852 (Suggests a potential downtrend continuation unless price closes above this level).
2. Resistance Levels:
Immediate: $0.3850
Strong: $0.4000
3. Support Levels:
Immediate: $0.3685
Critical: $0.3500
Trade Signal
The pair is currently oversold, showing potential for a rebound. However, the momentum remains bearish, requiring cautious trading.
Entry Zone: $0.3700 - $0.3750
Stop Loss: $0.3600
Targets 🎯
1. Target 1: $0.3850
2. Target 2: $0.4000
3. Target 3: $0.4250
Momentum:
Short-Term: Slight recovery expected, but volume needs to confirm reversal.
Mid-Term: Bullish momentum if price sustains above $0.4000.
Trade Strategy
For Scalpers: Enter at support zones, take profit at $0.3850.
For Swing Traders: Wait for confirmation above $0.4000 for mid-term targets.