📉 ACT/USDT Analysis – Bears Dominate the Market! 📉
ACT is trading at $0.6156, plummeting by 16.88% in the past 24 hours. The price remains below all key moving averages (MA7, MA25, MA99), confirming a strong bearish momentum.
🔑 Support & Resistance Levels:
Key Support: $0.6033 – A crucial zone where buyers might step in.
Key Resistance: $0.6514 (MA7), with stronger resistance at $0.7041 (MA99).
📈 Trading Strategy:
For Bears: If $0.6033 breaks, short positions could target the $0.59 level or lower.
For Bulls: Wait for a decisive recovery above $0.65 with strong volume before entering long positions, aiming for $0.70–$0.73.
⚠️ Pro Tip: Tighten your stop-losses around $0.60 for shorts and $0.63 for longs to manage risks effectively!
The market is heating up – will ACT break below support or rally above resistance? Trade smart and stay ahead! 🚀📊