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🚀 $ACT /USDT: Will the Dip Turn Into a Breakout? Key Levels to Watch!



Current Price: $0.3183 (-26.34%)
Momentum: Bearish, but oversold conditions hint at a potential reversal.

Key Levels

Resistance Zones: $0.3500, $0.3750, $0.4000

Support Zones: $0.3100, $0.3000

📊 Technical Highlights

RSI: Deep in oversold territory (~25), signaling a possible short-term bounce.

Moving Averages:

50 EMA: Acting as resistance.

200 EMA: Major barrier at $0.3750.

Volume: High activity indicates heavy selling pressure but potential for a reversal.

🔥 Trade Setup: Bounce or Break?

Entry Point: $0.3180-$0.3200

🎯 Target 1: $0.3400 (+6.8%)
🎯 Target 2: $0.3600 (+13.1%)
🎯 Target 3: $0.3800 (+19.4%)

Stop Loss: $0.3050 (-4.2%)

📌 Strategy Insights

A bounce from the $0.3100 support could trigger a recovery toward $0.3500.

If it breaks below $0.3100, expect further decline toward $0.3000.

💡 Tip: Keep a close eye on RSI and volume for confirmation before entering the trade.

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