$ACT Trading Strategy Update
🔎 Key Insight:
A short liquidation of $9.9712K at $0.36996 signals strong buying momentum. This bullish activity indicates a potential price breakout, making it an exciting opportunity for traders.
📈 Next Move - Buy Zone, Target & Stop Loss
1️⃣ Buy Zone:
Enter between $0.368 - $0.372. This range allows you to take advantage of the ongoing momentum near the liquidation level.
2️⃣ Target Levels:
Target 1: $0.380 (initial resistance level)
Target 2: $0.390 (psychological resistance)
Target 3 (Stretch Goal): $0.405
3️⃣ Stop Loss:
Place a stop loss at $0.360 to limit potential downside risk.
💡 Strategy Insights:
Volume Confirmation: Ensure strong buying volume near $0.36996 to validate the bullish move.
Risk Management: Use moderate position sizing and avoid overexposure to this trade.
Market Trends: Keep an eye on $ACT -related developments or broader market trends to confirm alignment with your trade.
🚨 Pro Tips for Success:
Entry Patience: Wait for price stabilization or an upward push in the buy zone before entering.
Secure Profits Gradually: Take partial profits at $0.380 and $0.390 while holding a portion for the stretch target of $0.405.
Set Alerts: Create price alerts for $0.372 and $0.380 to stay updated on key movements.
Stay disciplined, trade wisely, and let the market momentum work in your favor. Success is built on consistent, well-planned decisions!
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