$ACT /USDT SOARS WITH BULLISH MOMENTUM 🚀📊
The ACT/USDT pair has shown a significant upward movement, currently trading at $0.5459, marking a 17.55% increase in the last 24 hours. The 24-hour high and low are $0.5548 and $0.4318, respectively. The trading volume for ACT is 310.96M, while for USDT, it is 150.80M. The chart shows a strong bullish trend with the price breaking above the 50-period EMA, indicating potential further gains.
📈 Trade Scenarios:
- Bullish Scenario: If the price continues to rise, the next target (TP) could be around $0.5800. A suitable stop loss (SL) for this scenario would be placed below the recent swing low at $0.5020.
- Bearish Scenario: If the price fails to sustain above the current level and breaks below the 50-period EMA, a potential target (TP) could be around $0.4800, with a stop loss (SL) above the recent high at $0.5548.
📊 Market Outlook:
The overall market sentiment remains bullish, with strong buying pressure pushing the price higher. Traders should watch for any signs of reversal or consolidation around the current levels. If the bullish momentum continues, we could see further gains in the coming sessions.
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