🚨 $ACT/USDT Alert: Bearish Correction in Progress, Key Support in Play! 🚨
On the 15-minute chart, $ACT has experienced a sharp retracement, dropping 8.96% to trade at 0.5324, down from its 24-hour high of 0.6383. The coin is currently testing critical support levels after significant selling pressure.
🔍 Key Levels to Monitor
Resistance: 0.5570 – A break above this level could signal the start of a recovery.
Support: 0.5195 – Maintaining this level is essential to prevent further declines.
📊 Trade Setup
Entry Price: 0.5324
Take-Profit Targets:
1. 0.5500
2. 0.5800
3. 0.6100
Stop Loss: 0.5150
⚠️ Important Note
$ACT remains under significant selling