$ACT /USDT - Short Opportunity Alert!🔥💯
⚡ Current Price: $0.3929
📈 Trend: Retracement after a sharp rally
⏳ Timeframe: 30-minute chart analysis
Trade Setup
Entry: $0.3940 (near resistance level)
Stop Loss: $0.4100 (above key resistance zone)
Take Profit 1: $0.3750 (minor support)
Take Profit 2: $0.3550 (strong support)
Rationale
The recent rally peaked at $0.4453 but is showing signs of exhaustion.
Price has broken below the psychological level of $0.4000 and is consolidating near $0.3929, indicating selling pressure.
Volume has been decreasing, signaling a loss of bullish momentum.
💡 Risk-Reward Strategy:
Use a strict Stop Loss to manage risk and protect your capital.
Consider trailing your profits as TP1 is approached to maximize gains.
Stay disciplined and monitor closely!