🚨 $ACT /USDT ALERT: Trend Reversal or Continuation – Key Targets to Watch! 🚨
$ACT /USDT is currently trading at $0.4700, after recovering from a low of $0.4318 and attempting to approach recent highs. With market volatility in play, here are the key levels to guide your next trading move:
Key Levels to Monitor
1️⃣ Target 1: $0.4800
The immediate resistance lies at $0.4800. A breakout above this level could attract bullish momentum, indicating short-term upward potential.
2️⃣ Target 2: $0.4900
A sustained move beyond $0.4800 could see ACT/USDT push toward $0.4900, a crucial level where profit-taking might emerge.
3️⃣ Target 3: $0.5000
If bullish momentum persists, $0.5000 will be a key psychological resistance level, signaling a stronger recovery and potential continuation of the uptrend.
Support Levels
Immediate Support: $0.4600 – Holding above this level is critical for maintaining bullish momentum.
Lower Support: $0.4400 – A break below this level may lead to a retest of the recent low at $0.4318.
Trading Outlook
Bullish Scenario: A breakout above $0.4800 and $0.4900 could confirm a rally toward $0.5000. Monitor volume for confirmation of a sustained move.
Bearish Scenario: Failure to hold $0.4600 may result in a pullback toward $0.4400, offering potential short opportunities.
Stay cautious and apply strict risk management as ACT/USDT exhibits strong volatility.
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