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🔎 Binance Technical Analysis: $ACT
/USDT
📉 Current Price: $0.3543 (-21.98%)
📊 24h Range: $0.3389 - $0.4623
📈 Key Resistance Levels: $0.3700 | $0.4000
📉 Key Support Levels: $0.3500 | $0.3400
Market Observations:
ACT/USDT is experiencing significant downward pressure, dropping nearly 22% in the last 24 hours.
The 15m chart indicates short-term consolidation near $0.3540, hinting at potential support.
Volume Analysis: Increased trading volume (343.62M ACT) suggests heightened activity, possibly driven by sell-offs or market speculation.
Indicators: RSI signals oversold conditions, suggesting a possible reversal if buying momentum picks up.
Outlook:
A break above $0.3700 could signal a short-term recovery toward $0.4000.
Failure to hold $0.3500 might push the price toward the next support at $0.3400.
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