$ACT /USDT Short Trade Opportunity! š„
Current Setup:
$ACT /USDT š is showing signs of a reversal after hitting resistance near $0.4130. š Momentum is shifting bearish š» on the 1-hour timeframe, indicating a potential short opportunity.
Trade Plan:
* Entry Zone: $0.3675 - $0.3700 šÆ
* Stop Loss (SL): $0.4140 (Above recent highs) š
* Take Profit (TP):
* TP1: $0.3400 (First key support) š°
* TP2: $0.3200 (Extended target for deeper correction) š°š°
Risk Management:
Allocate no more than 2-3% of your capital for this trade. š° Adjust position size based on your SL to ensure proper risk control.
Market Insight:
Volume spikes š and previous rejection at $0.4130 confirm strong resistance. š« Monitor closely for breakdowns below $0.3600 to confirm further downside. š
