🚀 $ACT /USD: TESTING SUPPORT – IS A REVERSAL ON THE HORIZON? ⚡
The $ACT /USD pair is trading at $0.3611, hovering near a key support zone. Traders should watch closely for signs of a breakout or breakdown to determine the next trend.
📊 Trade Scenarios:
Entry Point: $0.3611
Take Profit (TP 1): $0.3800
Take Profit (TP 2): $0.4000
Take Profit (TP 3): $0.4200
Stop Loss (SL): $0.3400
Key support lies at $0.3400, with immediate resistance at $0.3800. A breakout above $0.3800 could lead to a rally targeting $0.4000 and $0.4200. Conversely, a break below $0.3400 may indicate bearish continuation.
📉 Market Outlook:
$ACT/USD is showing signs of consolidation at current levels. Bulls need to reclaim $0.3800 to confirm upward momentum, while bears might take control if support at $0.3400 fails.
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