$ACT
๐ ACT/USDT Trade Plan & Strategy ๐
---
๐ Chart Analysis
Current Price: $0.3994
24H High: $0.4120
24H Low: $0.3110
Volume Spike: Significant increase in buying activity, suggesting bullish momentum.
The chart indicates a breakout, with higher highs forming in a short timeframe. However, the slight consolidation near the current price shows a potential for a minor retracement before the next move.
---
๐ฆ Key Levels to Watch
Resistance:
๐ด $0.41 โ Immediate resistance at the 24H high.
๐ด $0.45 โ Next resistance if momentum builds.
Support:
๐ข $0.38 โ Nearest support zone.
๐ข $0.35 โ Strong fallback support for a healthy retracement.
---
๐ Bullish Trade Strategy
Entry Point: Breakout above $0.41 with strong volume.
Targets:
๐ฏ $0.43 โ Short-term target.
๐ฏ $0.45 โ Medium-term target.
Stop-Loss: Below $0.38 to protect against downside.
---
๐ Bearish Trade Strategy
Entry Point: Rejection at $0.41 or $0.40.
Targets:
๐ฏ $0.38 โ First profit-taking level.
๐ฏ $0.35 โ Deeper retracement target.
Stop-Loss: Above $0.41 to avoid losses in case of reversal.
---
โก Final Thoughts
ACT/USDT is showing strong bullish momentum but is currently in a consolidation phase. A breakout above $0.41 could lead to further upward movement. However, traders should watch for potential retracements to $0.38 or $0.35 before initiating trades.
๐ฌ Are you bullish or bearish on ACT? Let us know your trade setup below! ๐
#ACT #TradingSignals #CryptoReboundStrategy #Binance250Million #USStateBuysBTC