Binance Technical Analysis: $ACT
/USDT 🚀
The ACT/USDT pair has been showing strong momentum, and here’s a breakdown of the key levels to watch:
1. Support Level: $0.2550
This level has proven to be a solid support over the past 24 hours. If ACT/USDT retraces, expect a potential bounce around this price.
2. Target 1: $0.2900
ACT has recently tested the $0.2896 level, which is the 24-hour high. A break above $0.2900 could signal a continuation towards the next key resistance.
3. Target 2: $0.3000
The psychological resistance at $0.3000 is the next key target. If the bullish trend continues, ACT could face some resistance here, but a successful breakout might pave the way for further gains.
Market Sentiment: Bullish momentum is currently dominant with a 24-hour price increase of 3.58%. Keep an eye on these levels to adjust your trading strategy accordingly.
Stay tuned for more updates and happy trading!
This post provides a clear analysis with well-defined targets for traders to monitor.