šØ $ACT ACT/USDT DIPS: -12.41% Decline ā Testing Key Support at $0.5336! šØ
ACT (Achain) is currently trading at $0.5336, down -12.41%, after a sharp fall from its recent high of $0.9500. The price is consolidating as traders evaluate whether it will stabilize or continue its downward trend.
š” Key Levels to Watch:
Resistance: $0.6554 ā A recovery above this level could reignite bullish momentum, targeting $0.8000 or $0.9500.
Support: $0.3142 ā If the price breaks below $0.5336, a deeper correction toward this key support zone may occur.
š Bearish Scenario: Continued selling pressure could push ACT toward $0.3142 or lower, testing critical support levels.
š Bullish Scenario: If ACT bounces from $0.5336 and breaks $0.6554, it may regain momentum and target higher levels like $0.8000.
š” Trading Tip: Monitor volume for reversal signals. Set tight stop-losses to protect against volatility in this high-risk environment.