šØ $ACT /USDT ALERT: Downtrend Continues ā Critical Levels in Focus! šØ
$ACT is trading at 0.6009, dropping 9.84% in the last 24 hours. With bearish momentum dominating, the price is approaching significant levels that traders must watch.
š” Key Targets to Monitor
Target 1: 0.6200 ā A possible rebound level; reclaiming this could stabilize the trend.
Target 2: 0.6400 ā A key resistance level indicating a potential recovery.
Target 3: 0.6930 ā The 24-hour high; breaking above could reignite bullish sentiment.
š Support Zone: 0.5795 ā Holding this level is crucial to prevent further downside.
š„ Market Insights
24-Hour High: 0.6930 ā Resistance remains strong above this point.
Moving Averages: $ACT is trading below MA(25) and MA(99), signaling bearish pressure.
ā ļø Trade Strategy: Consider short positions while below 0.6200 with stop-loss above 0.6400. Watch for bullish signals near the support zone for potential long entries.
Stay alert ā ACT's next move could define its trend!