$ACT
ACT/USDT:
The ACT/USDT pair is currently trading at 0.4340,
hovering near important support and resistance areas.
Traders should remain alert as the market approaches a potential breakout.
Trading Scenarios:
Entry Point: 0.4340
Take Profit (TP) 1: 0.4450
Take Profit (TP) 2: 0.4600
Take Profit (TP 3): 0.4750
Stop Loss (SL): 0.4200
Support lies at 0.4200,
while resistance lies at 0.4450.
A breakout above 0.4450 could lead to further
upside moves towards 0.4600 and 0.4750.
On the downside,
A break below 0.4200 could signal bearish momentum.
Market Outlook:
ACT is currently consolidating near 0.4340,
showing signs of potential bullish momentum if buyers manage to push the price above 0.4450.
However, failure to hold the support level at
0.4200 could lead to a bearish bounce.