Is the surge of Act coming? A night of turmoil has begun, and future price predictions are insane!

The current real-time price of Act is $0.5399, with significant price fluctuations today, peaking at $0.6010 and dropping to a low of $0.5200. The market shows a volatile pattern, with the balance of power between buyers and sellers being close, making the price trends in the near future very crucial. Today's market may determine the market sentiment for the next few days—whether it will be an explosive rise or a deep correction.

Technical Analysis:

Support and Resistance:

Support Level: The current support level is at $0.5200. If the price continues to consolidate in this range, a drop below $0.5200 may lead to a deeper correction, targeting $0.5000. Resistance Level: The current resistance level is at $0.6010; if the price breaks through this level and remains stable, it may challenge $0.6500 next.

Key Levels:

Breakthrough Point: If the price breaks through $0.6010 and stays above it, it could quickly trigger a bullish trend, with the next short-term target looking at $0.6500 or even higher. Support Point: If the price drops below $0.5200, the bears may gain further strength, and the price may test $0.5000, or even reach lower areas.

Short-term Strategy:

Bullish Strategy:

Entry Point: If the price breaks through and stabilizes at $0.6010, consider going long, entering after confirming the breakout and retracement to this support level. Targeting $0.6500. Stop Loss Setting: Stop loss set below $0.5500 to ensure risk is controllable.

Bearish Strategy:

Entry Point: If the price fails to break through $0.6010 and retreats to around $0.5200, consider going short when it drops below $0.5200. Targeting $0.5000. Stop Loss Setting: Stop loss set at $0.5400 to avoid the risk of false breakouts.

Act is approaching a critical turning point. If the bulls can break through $0.6010 and surpass this strong resistance level, the price may experience a rapid rise, potentially reaching $0.6500. This area could become a new support level in the short term, attracting more buying interest.

However, if the price fails to break $0.6010 and starts to retreat, dropping below $0.5200, the bearish forces will strengthen, and the price may decline rapidly, targeting $0.5000. $ACT