$ACT /USDT Technical Analysis: Eyeing a Rebound from Support

$ACT /USDT is currently trading at $0.4906, down -7.96% today and -31.39% over the past 30 days. The price has approached a key support level near $0.4800 and shows early signs of a possible rebound.

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Trading Signal: ACT/USDT

Entry Zone: $0.4850 - $0.4950

Targets:

1. $0.5100 (Short-term resistance zone)

2. $0.5300 (Mid-range breakout level)

3. $0.5500 (Major resistance for reversal)

Stop Loss: Below $0.4750

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Market Insight

Support: $0.4800 remains a key area to watch. A bounce from this level could trigger a short-term rally.

Volume: Increasing volume near the bottom suggests buyers are stepping in. Monitor closely.

Breakout Signal: Confirmation above $0.5100 will strengthen bullish momentum.

Traders should manage their risk effectively and watch price action closely for volume-backed breakouts.

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