$ACT 🔻 ACT/USDT – BEARISH REVERSAL SIGNAL! 🔻
📌 Current Price: $0.2198
📉 Resistance Levels: $0.2256 - $0.2289
📉 Support Levels: $0.2177 - $0.2135 - $0.2064
⏳ Time Duration: 15M, 1H, 4H (Short-Term Bearish Setup)
📊 Chart Pattern Analysis – Bearish Trend Emerging?
📌 Pattern Observed: "Evening Star" & "Bearish Engulfing" on 15M & 1H Charts 🚨
🔻 Price rejected from $0.2289 resistance, forming a lower high!
🔻 Volume Increasing on Red Candles → More selling pressure!
🔻 RSI Dropping (15M: 36.77, 1H: 49.68, 4H: 52.95) → Momentum shifting down!
🔻 ADX at 39.16 (1H Chart) → Bearish trend gaining strength!
🎯 Bearish Trade Setup – If Breakdown Below $0.2177!
✅ Entry: Sell below $0.2177 (Confirmed Breakdown).
✅ Stop-Loss: $0.2256 (Above recent resistance).
✅ Target 1: $0.2135
✅ Target 2: $0.2064 (Major Support Zone) 📉
⏳ Expected Move Duration: If the selling pressure continues, the price may reach $0.2064 within 3-6 hours.
📢 Final Thoughts – Will ACT Continue Downward?
⚠️ If ACT Loses $0.2177, Expect a Drop Towards $0.2064!
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always DYOR before making any trading decisions.
💬 What’s your view? Will ACT hold support or break down further? Comment below! 👇🔥
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