๐ $ACT
/USDT Technical Analysis ๐
The ACT/USDT pair has been showing positive momentum lately, with a 3.55% increase. Let's dive into the technical chart and identify some key targets ๐ฏ.
๐ Current Price: 0.4720 USDT
๐ 24h High: 0.4920 USDT | ๐ 24h Low: 0.4309 USDT
Target 1 ๐ฏ: 0.4800 USDT
A strong support level at 0.4720 is holding, and if the price pushes past 0.4800, we could see a bullish continuation to higher levels.
Target 2 ๐ฏ: 0.4950 USDT
With the market showing signs of strength, a potential breakout towards 0.4950 could lead to a higher price action. Watch for resistance at this level, as it could indicate a trend reversal or consolidation.
Target 3 ๐ฏ: 0.5100 USDT
If the bulls remain in control and volume continues to rise, the next key resistance level is around 0.5100. A strong breakout here could open doors for further upside movement.
๐ Market Sentiment:
The volume is still healthy, and the recent uptick suggests that there is potential for a continued uptrend. However, it's important to watch for any signs of a reversal around these targets.
๐ Risk Management:
Always set your stop-loss orders and manage your risk as price action can be volatile in the short term.
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