🚨$ACT / USDT: A Bullish Surge in the Making?🚨

$ACT (Actinium) has exhibited a strong bullish momentum in the past 24 hours, surging by +13.07% to reach a price of $0.7120. This significant price increase has sparked interest among traders and investors alike.

Key Technical Indicators:

* 24h High: $0.8098

* 24h Low: $0.6097

* 24h Volume (ACT): 634.65M

* 24h Volume (USDT): 442.12M

Technical Analysis

* Moving Averages: The 7-day and 25-day Moving Averages (MAs) are below the current price, indicating a potential uptrend. However, the 99-day MA is above the current price, which might act as a resistance level.

* Chart Pattern: The chart displays a clear uptrend with higher highs and higher lows, signaling bullish sentiment. A breakout above the recent high of $0.8098 could further solidify the bullish trend.

Trading Strategy

* Bullish: For a bullish perspective, consider buying ACT on a breakout above the recent high of $0.8098. Set a stop-loss below the 99-day MA to manage risk. Take-profit targets can be set at subsequent resistance levels, such as the psychological level of $0.8500.

* Neutral/Bearish: If the price fails to break above the recent high and starts to retrace, a neutral or bearish stance might be prudent. A break below the 25-day MA could indicate a potential bearish reversal.

Disclaimer:

* This analysis is not financial advice. Please conduct thorough research before making any investment decisions.

* Cryptocurrencies are highly volatile, and market conditions can change rapidly.

* Consider consulting with a financial advisor to assess your risk tolerance and investment goals.