Technical Analysis: $ACT /USDT

Current Price: $0.7469

24h High: $0.8098

24h Low: $0.6097

Market Outlook:

The $ACT /USDT pair has displayed a strong bullish trend, with a significant price surge of +18.93% in the past 24 hours. The chart currently shows a bullish candle, indicating potential for further upside movement.

Trading Strategy:

Long Trade:

* Entry: $0.7469 (Current Price)

* Target: $0.8098 (24h High)

* Stop Loss: $0.6792 (Recent Support Level)

* Leverage: 2x (Recommended)

Short Trade:

* Entry: $0.8098 (24h High)

* Target: $0.7469 (Current Price)

* Stop Loss: $0.8305 (Resistance Level)

* Leverage: 1x (Recommended)

Disclaimer:

This analysis is based on technical indicators and patterns. Cryptocurrencies are highly volatile, and past performance is not indicative of future results. It is essential to conduct thorough research and consult with a financial advisor before making any investment decisions.

#ACTUSDT #CryptoTrading #TechnicalAnalysis #BullishTrend #CryptoMarket