$ACT

/USDT Technical Analysis & Trade Signals

Current Price: $0.2915 (+11.30%)

24h Range: $0.2603 - $0.2968

Technical Indicators:

RSI: Neutral to bullish, currently hovering around 50-55.

MACD: Bullish crossover, showing positive momentum.

EMA: 50 EMA above the 200 EMA, indicating a bullish trend.

Trade Signals:

Support Level: $0.2603 (strong support observed).

Resistance Level: $0.2968 (recent high; major resistance).

Trade Targets šŸŽÆ:

1. Target 1: $0.3000 ā€“ Potential breakout area.

2. Target 2: $0.3100 ā€“ Next key resistance.

3. Target 3: $0.3200 ā€“ Extended target in case of a strong uptrend.

Momentum:

Bullish Momentum: Current price action suggests continued upward momentum. The positive MACD and EMA positioning indicate a potential continuation of the bullish trend.

Recommendation: Watch for a pullback to $0.2800 for an entry point if price retraces, or consider entering near the $0.2900 level with stops below $0.2600.

Stay cautious of major resistance at $0.2968, as a break above it could lead to further upward movement.

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