$ACT /USDT Short Trade Opportunity! 🔥
Current Setup:
$ACT /USDT 📈 is showing signs of a reversal after hitting resistance near $0.4130. 📉 Momentum is shifting bearish 🐻 on the 1-hour timeframe, indicating a potential short opportunity.
Trade Plan:
* Entry Zone: $0.3675 - $0.3700 🎯
* Stop Loss (SL): $0.4140 (Above recent highs) 🛑
* Take Profit (TP):
* TP1: $0.3400 (First key support) 💰
* TP2: $0.3200 (Extended target for deeper correction) 💰💰
Risk Management:
Allocate no more than 2-3% of your capital for this trade. 💰 Adjust position size based on your SL to ensure proper risk control.
Market Insight:
Volume spikes 📈 and previous rejection at $0.4130 confirm strong resistance. 🚫 Monitor closely for breakdowns below $0.3600 to confirm further downside. 📉