$ACT Is ready to hitt 0.60:
The price is consolidating after a sharp rally from the lows, with ACT trading above the 7 EMA (yellow) and slightly above the 25 EMA (pink), suggesting a possible trend continuation.
The recent pullback looks to have found support, and a bounce is underway.
Support: Closest support is around 0.465 (25 EMA). A breakdown here could see the price retest 0.41.
Resistance: Immediate resistance is at 0.5063 (24h high). A breakout above this level may push ACT toward the next resistance zone of 0.55–0.60.
1. Upside Target: If the price breaks above 0.506, the next targets are 0.55 and 0.60.
2. Downside Risk: Failure to hold the 0.465 support may lead to a drop toward 0.41 or lower.
Bullish Entry: Consider buying near 0.47–0.48 if price holds above the 25 EMA.
Stop Loss: Place below 0.465.
Take Profit: First target 0.506, followed by 0.55–0.60.