$ACT /USDT Analysis

Current Price: $0.6620

24h High: $0.7246

24h Low: $0.4201

24h Volume (ACT): 836.95M

24h Volume (USDT): 503.05M

Technical Analysis

The $ACT /USDT pair is flashing green! 🟢 The sharp upward movement and dominance of green candles indicate a strong bullish momentum. Breaking above the $0.6210 resistance level signals a potential continuation of the uptrend. 🚀

Trade Recommendations

Long Trade:

* Entry: $0.6620 (Current Price)

* Target: $0.7410 (Resistance Level)

* Stop Loss: $0.6210 (Previous Resistance, now Support)

Short Trade:

* Entry: $0.7410 (Resistance Level)

* Target: $0.6620 (Current Price)

* Stop Loss: $0.7746 (Potential New High)

Leverage:

* Long Trade: 10x

* Short Trade: 5x

Market Outlook

The bullish pattern suggests a likely continuation of the upward trend in the short term. 📈 However, keep an eye on the market for potential reversals. A break below the $0.6210 support level could signal a bearish trend. 📉

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct thorough research before making investment decisions.

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