$ACT
/USDT Technical Analysis Overview:🔥💯
Current Price: $0.2881
Trend: Neutral to Bullish
Resistance Levels:
R1: $0.2967 (Recent High)
R2: $0.2986 (Next resistance from order book)
R3: $0.3100 (Potential breakout level)
Support Levels:
S1: $0.2591 (24h Low)
S2: $0.2572 (Order book support)
S3: $0.2500 (Further downside support)
Momentum Indicators:
RSI: Neutral (slightly above 50)
MACD: Bullish crossover on the 1-hour chart (positive sentiment)
Volume: Increasing, showing support for bullish movement
Trade Signal:
Entry: Buy near $0.2881 (current price), confirming momentum.
Target Levels:
Target 1: $0.2967 (R1) — Near-term resistance
Target 2: $0.2986 (R2) — Testing the order book resistance
Target 3: $0.3100 (R3) — Potential breakout to higher levels
Stop Loss: Below $0.2572 (S2) — Safeguarding against downward risk.
Trade Momentum:
The trend shows increasing buying pressure with a slight bullish setup due to the positive MACD crossover and volume surge.
Strong resistance at $0.2967 needs to be broken for further upside potential.
Trade cautiously if price drops below key support levels like $0.2591, as the bullish momentum may fade.
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