$ACT /USDT SURGES: IS THIS THE BEGINNING OF A NEW BULL RUN?
The ACT/USDT pair has shown a significant increase, currently trading at $0.2967, up by 5.06%. The 24-hour high is $0.3029, while the 24-hour low is $0.2718. The trading volume for ACT over the past 24 hours is 164.93 million, and for USDT, it stands at 47.51 million, indicating strong market interest and activity.
The chart displays a bullish trend, with the latest candlestick patterns suggesting that buyers are currently in control. The increased trading volume supports the possibility of continued upward momentum.
Trade Scenarios:
- **Bullish Scenario**: If the price continues to rise and breaks above the $0.3000 mark, we could see a target price (TP) of $0.3200. Set a stop loss (SL) at $0.2900 to manage risk.
- **Bearish Scenario**: If the price faces resistance and starts to decline, the support level to watch is $0.2800. Set a stop loss (SL) at $0.3050 to minimize losses.
Market Outlook:
The ACT/USDT pair is showing strong bullish signals, and if the current momentum sustains, we could see further gains. However, traders should be cautious of potential pullbacks and set appropriate stop losses to protect their investments.
Like, comment, and follow for more market insights and updates. Your engagement helps us bring more valuable content to you.
If you want analysis of any coin, you can comment the pair name.
#BitcoinInSwissReserves #BTC94KShowdown #BinanceAlphaAlert #SolvProtocolMegadrop #Write2Earn!