$ACT ACT/USDT – Sharp Decline Signals Caution

Current Price: 0.2884 (-24.95%)

24h High: 0.3876 | 24h Low: 0.2823

24h Volume: ACT: 414.83M | USDT: 137.55M

---

Technical Overview:

Exponential Moving Averages (EMAs):

EMA(7): 0.3016

EMA(25): 0.3282

EMA(99): 0.3462

ACT is trading well below all key EMAs, confirming bearish momentum.

Support Zones:

0.2820 (Immediate Support)

0.2740 (Critical Support Zone)

Resistance Zones:

0.3000 (Immediate Resistance)

0.3200 (Major Resistance)

---

Trade Setups:

🔴 Bearish Continuation:

Entry Zone: Below 0.2850

Target 1: 0.2740

Target 2: 0.2600

Stop-loss: Above 0.3000

🔵 Bullish Reversal:

Entry Zone: 0.2850–0.2900

Target 1: 0.3000

Target 2: 0.3200

Stop-loss: Below 0.2740

---

Observations:

Heavy selling pressure is driving ACT toward key support levels.

A breach of 0.2820 could open further downside potential.

Traders should monitor volume and momentum around 0.2850 for short-term opportunities.

Stay cautious and prioritize risk management.

#ACT #CryptoTrading #Binance #USJoblessClaimsDrop #ShareYourTrade