$ACT

/USDT Technical Analysis:💯🔥

Current Price: $0.2981

Trend Analysis: The price of ACT/USDT has been showing an upward momentum with a +10.20% increase in the past 24 hours. The price is near the resistance zone of $0.2990, which shows a potential for further movement depending on the breakout.

Support & Resistance Levels:

Support Level: $0.2699 (provides a solid buying opportunity)

Resistance Level: $0.2990 (key breakout level)

Momentum Indicators:

MACD is likely showing a bullish crossover.

RSI might be hovering around a neutral zone, indicating further upward potential if it crosses above 50.

Volume has increased, supporting the current uptrend, especially given the high trading activity in ACT and USDT pairs.

Trade Signal:

Buy Signal: If ACT price holds above $0.2800, with momentum continuing, consider a buy entry.

Sell Signal: If the price fails to break through $0.2990 resistance and retraces below $0.2800, consider taking profits or cutting losses.

Target Levels 🎯:

1. First Target: $0.3050 (next potential resistance level)

2. Second Target: $0.3150 (target based on further momentum continuation)

3. Third Target: $0.3250 (further breakouts expected beyond resistance)

Trade Momentum: Bullish with the current momentum pushing toward higher resistance targets.

This analysis suggests strong upward momentum, but it’s crucial to stay cautious around key resistance areas. Monitoring market behavior for breakout confirmation can help with precise entry and exit points.

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