should I take long position now ?

🚨 $ACT /USDT ALERT: Major Pullback – Opportunity to Rebound? 🎯



$ACT is currently trading at $0.5297, showing a 10.19% drop in the past 24 hours. Despite the correction, the trading volume remains strong, hinting at potential volatility ahead.

🎯 Key Targets:

1. Target 1: $0.5560 – Immediate resistance for a short-term recovery.

2. Target 2: $0.5800 – A mid-term target if buying pressure increases.

3. Target 3: $0.6085 – The 24-hour high and a critical breakout level.

🔑 Support Zones:

Support 1: $0.5173 – Key level where significant buying activity was observed.

Support 2: $0.5000 – A psychological barrier to monitor for further downside protection.

🚀 Market Insight:

If $ACT rebounds above $0.5560, it could initiate a rally toward higher levels. However, failure to hold above $0.5173 might lead to a retest of the $0.5000 support.

Stay vigilant and track these levels for potential trading opportunities!

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