🚨$ACT ACT/USDT Alert: Price Dips to $0.5413 – Is Recovery on the Horizon? 🚨
ACT has tumbled 12.45%, settling at $0.5413 after reaching a high of $0.6930 earlier. The sell-off intensifies as the market tests lower levels. Could this be an opportunity for a bounce?
📊 Key Levels to Watch:
Resistance: $0.6381 – Breaking above this could signal recovery and open the path to $0.6600.
Support: $0.5195 – A breach below this might lead to further downside toward $0.5000.
💡 Potential Trade Setups:
Bullish Play: Long positions above $0.5600 with targets at $0.5900 and $0.6200.
Bearish Play: Short positions below $0.5195 aiming for $0.5000 and $0.4800.
⚡️ Market Sentiment:
With declining momentum, watch for volume spikes to confirm the next directional move. A rebound could catch short-sellers off guard, while continued weakness might accelerate the slide.
Stay cautious—ACT is at a critical juncture!