šØ $ACT /USDT TRADING SIGNAL ALERT ā URGENT WATCH! šØ
The ACT/USDT pair on the 15-minute chart has experienced a massive surge, up by 2207.65% in the past 24 hours. The current price has reached 0.4523 after a sharp rally from a low of 0.0196, indicating significant bullish momentum. Traders should remain alert as this dramatic spike may lead to potential corrections or further gains.
Current Price: 0.4523
š” Critical Levels to Watch:
Immediate Resistance: 0.4550 ā The price has tested this level as an upper bound, indicating potential profit-taking pressure or a zone for breakouts.
Initial Support: 0.3171 ā If the price retraces, this level could serve as the first line of defense.
Deeper Support: 0.1575 ā A break below here may trigger stronger sell-offs.
š Trade Setup:
Entry Price for Long Trades: 0.4530 ā Close to the current level but allows confirmation of upward pressure.
Entry Price for Short Trades: If the price reverses and fails to hold above 0.3171, a short position could be considered.
Take-Profit Targets:
1. TP1: 0.4768 ā A short-term target for quick gains.
2. TP2: 0.5000 ā Psychological level that may attract sellers.
3. TP3: 0.5500 ā Extended bullish target if momentum sustains.
Stop-Loss Level: 0.3100 ā Below the initial support to minimize downside risk if the market moves against the trade.
ā ļø Cautionary Note: Traders should monitor volume and price action closely, as high volatility could lead to swift reversals. Ensure to watch for stability or potential breakout signals before committing to a position, especially considering the sharp gains witnessed.
