#SUIHitsATH 🚀 $ACT
/USDT Technical Analysis – Bullish Momentum Building! 🚀
As we analyze the ACT/USDT trading pair on Binance, it's evident that the market is currently experiencing strong bullish momentum. The price of ACT has seen an impressive +12.80% increase in the last 24 hours, currently sitting at $0.3649. Let’s dive into the key levels and targets to watch for further price action:
🔍 Key Levels:
Current Price: $0.3649
24h High: $0.4130
24h Low: $0.3162
🎯 Target Levels:
1. First Target: $0.4000
The next resistance level to watch is $0.4000, a critical psychological level for ACT. A strong break above this level could pave the way for further upward momentum.
2. Second Target: $0.4500
If ACT manages to sustain its bullish trend, the $0.4500 level could be the next key resistance. This target aligns with recent price action, where ACT has shown consistent attempts to test the $0.4000-$0.4500 zone.
3. Third Target: $0.5000
The $0.5000 mark is a significant milestone for ACT, both from a technical and psychological perspective. If the bulls manage to push past this area, we could see more aggressive gains as the market targets fresh highs.
📉 Support Levels:
$0.3162 (24h Low) – A solid support level that could offer a buying opportunity if the price retraces.
🧑💻 Trading Strategy:
Bullish Continuation: Focus on long positions if the price holds above $0.3649, targeting the next resistance levels at $0.4000, $0.4500, and ultimately $0.5000.
Risk Management: Watch for any signs of reversal at key resistance levels and set your stop-loss just below support to manage risk.
🚀 Conclusion:
ACT/USDT has demonstrated strong upward momentum recently, and the bulls seem to be in control. Watch for a potential breakout above $0.4000, with the possibility of targeting higher resistance levels at $0.4500 and $0.5000.
Stay tuned for further updates and trade safely!
#ACTUSDT #Binance #CryptoAnalysis #TechnicalAnalysis #Bullish #TradingTargets