🚨 ACT/USDT ALERT: EXPLOSIVE RALLY OR SHARP PULLBACK? CRUCIAL LEVELS AHEAD! 🚨
ACT is trading at $0.6154, up an impressive 39.77%, following a surge to a high of $0.6488. The price is consolidating after a sharp rally, signaling potential for either continued upside or a correction.
💡 Key Levels to Watch:
Resistance: $0.6488 – A breakout above this level could fuel further gains toward $0.6800, $0.7200, and possibly $0.7500.
Support: $0.5750 – Holding above this level is critical. A breakdown below may lead to a retracement toward $0.5400 and $0.5000.
⚠️ What Traders Should Do:
For Long Positions:
Enter on a confirmed breakout above $0.6488, targeting $0.6800, $0.7200, and $0.7500.
Use a stop loss below $0.5800 to manage downside risk.
For Short Positions:
Enter if ACT falls below $0.5750, with targets at $0.5400 and $0.5000.
Place a stop loss above $0.6200 to avoid sudden reversals.
📉 Market Sentiment:
$ACT ’s strong momentum indicates a bullish bias, but consolidation near key resistance suggests caution. Monitor for volume spikes and confirmed moves to align with the next trend. Stay disciplined and manage risk effectively!
#ACT #Crypto #TradingSignals
#ACT #Crypto #TradingSignals #Binance