๐ $ACT /USDT: Critical Move aheadโ Breakout or Breakdown? Trade Setup ๐ฅ
The $ACT /USDT pair is currently hovering around 0.3538, a crucial zone where support and resistance clash. ๐ Traders should be on high alert for a decisive move!
๐ Trade Scenarios: longs
* Entry: 0.3545
* Take Profit (TP 1): 0.3700 ๐ฏ
* Take Profit (TP 2): 0.3850 ๐ฏ๐ฏ
* Take Profit (TP 3): 0.4000 ๐ฏ๐ฏ๐ฏ
* Stop Loss (SL): 0.3400 ๐
๐ Market Outlook:
* Support: 0.3400 โฌ๏ธ
* Resistance: 0.3700 โฌ๏ธ
A successful break above 0.3700 could ignite a bullish rally, aiming for 0.3850 and potentially even 0.4000. ๐ However, a slip below 0.3400 might signal a bearish reversal. ๐
$ACT is currently consolidating above the 0.3400 support level. Maintaining this position could pave the way for a surge towards 0.3700 and beyond. โฌ๏ธ A decisive break above 0.3700 would confirm bullish dominance. ๐ข Conversely, a failure to hold above 0.3400 could indicate a potential retracement. ๐ด
