ACT Strong Rebound: Is a Short-Term Opportunity Approaching?

Price Analysis

• Support Levels: $0.3110 (short-term support), $0.2551 (strong support).

• Resistance Levels: $0.3620 (short-term resistance), $0.4308 (medium-term key resistance).

Technical Signals

1. Price Breaks Through Moving Averages: ACT has successfully held above MA(7) and MA(25), indicating a clear short-term bullish signal.

2. MACD Golden Cross Formation: The DIF line crosses above the DEA line, with bullish momentum gradually increasing, confirming the rebound trend.

3. Increased Trading Volume: Recent trading volume has significantly increased, market sentiment is active, and capital is accelerating backflow.

Operational Suggestions

• Short-Term Strategy: It is recommended to lightly position in the $0.3400-$0.3500 range, with a target of $0.3620, aiming for $0.4308 after a breakout, and setting a stop-loss at $0.3110.

• Medium-Term Strategy: After breaking through $0.4308, consider increasing positions, with a further target of $0.5000.

• Risk Warning: If the price falls below $0.3110, be cautious of downward risks, which may retest $0.2551.

Summary

ACT is currently in the early stages of a rebound, offering certain operational opportunities in the short term, but caution is needed regarding the key resistance level of $0.3620. It is advised to flexibly adjust positions to seize short-term opportunities while paying attention to changes in trading volume to assess the strength of the rebound.