๐ฅ๐ฅ๐ฅ$ACT /USDT Technical Analysis & Trade Signal ๐๐๐
Current Price: $0.3239
24h High: $0.3479
24h Low: $0.3096
24h Volume (ACT): 223.28M
24h Volume (USDT): 73.50M
Technical Overview:
Trend: Bullish (uptrend confirmed by +4.62% in the last 24 hours)
Resistance Levels:
1. $0.3350 (Immediate Resistance)
2. $0.3479 (24h High, strong resistance zone)
3. $0.3550 (Potential breakout level)
Support Levels:
1. $0.3096 (Recent 24h low)
2. $0.3000 (Key support zone)
Momentum: Positive, driven by increased volume and upward movement.
RSI: Currently around 60, showing no signs of overbought conditions yet, suggesting more room for upward movement.
MACD: Bullish crossover, indicating a continuation of the uptrend.
Trade Signal:
Entry Point: Buy around $0.3230 - $0.3240 for a short-term breakout play.
Target Levels:
1. Target 1: $0.3350 (Immediate Resistance - potential quick profit)
2. Target 2: $0.3479 (24h High - strong resistance, partial profit-taking)
3. Target 3: $0.3550 (Breakout level, aim for full potential)
Stop Loss: Set a stop loss around $0.3090 (below 24h low) to manage risk.
Momentum & Outlook:
With bullish momentum and increasing volume, ACT/USDT has the potential for further upward movement. Watch for a break above $0.3350 to confirm a strong bullish trend toward $0.3479 and $0.3550. Keep an eye on the market for any sudden corrections and be ready to secure profits at key resistance levels.
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