$ACT

📊 ACT/USDT Technical Analysis – January 6, 2025

ACT/USDT has seen notable volatility in the past 24 hours, with a significant drop of 9.98%, currently trading at 0.3580 USDT. Let's break down the technicals and focus on three key targets moving forward.

Current Price: 0.3580 USDT

24h High: 0.4130 USDT

24h Low: 0.3521 USDT

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Technical Indicators:

Moving Averages (MA):

MA(5): 5.71 million ACT

MA(10): 4.62 million ACT

Volume:

24h Volume (ACT): 323.91M ACT

24h Volume (USDT): 122.44M USDT

Current Depth:

Recent fluctuations indicate a current price range around 0.3580, with support at 0.3521 and resistance near 0.4130.

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Price Targets 🎯:

1. Target 1 – 0.3521 USDT (Support Zone): If the downtrend continues, we might see ACT testing the lower end at 0.3521, which is a strong support zone. A break below could signal further downside potential.

2. Target 2 – 0.3684 USDT (Short-Term Resistance): In case of a short-term recovery, 0.3684 is a key resistance level. If the price manages to break above this level, we could see some upward momentum, potentially reaching the next target.

3. Target 3 – 0.4130 USDT (24h High/Resistance): The next significant resistance lies at 0.4130, the 24-hour high. This level is crucial for bulls to regain control. A successful breakout above this level could push ACT towards higher price ranges.

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🔍 Conclusion: ACT/USDT is currently testing key support and resistance levels. Traders should monitor these targets closely and be prepared for potential price swings. Always ensure to do your own research (DYOR) and trade responsibly.

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