short technical analysis and trade signal for the $ACT

/USDT pair:

Technical Analysis

Current Price: $0.3724 (+15.08%)

Trend: Bullish momentum, showing positive movement with a significant 24-hour gain.

Support Level: $0.3162 (24h Low)

Resistance Level: $0.4130 (24h High)

Trade Signals

Buy Signal: If price maintains above $0.3600, the bullish momentum could continue.

Sell Signal: If price drops below $0.3600, consider exiting, as it may indicate a reversal or consolidation.

Target Levels 🎯

1. First Target: $0.3850 (Immediate resistance area)

2. Second Target: $0.4050 (Next resistance zone)

3. Third Target: $0.4150 (Potential breakout level)

Momentum:

Positive Momentum: Currently, the market shows strong buying pressure, with higher volumes and a bullish trend.

Watch for a Pullback: Be cautious for a minor retracement around $0.3600 before a potential upward breakout.

Consider entering trades based on support-resistance levels and closely monitor for any breakout or consolidation patterns.

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