Technical Analysis and Trade Signals for $ACT

/USDT🚀🎯

Technical Analysis

1. Current Price: $0.7571

2. Bollinger Bands:

Upper Band (Resistance): $0.7647

Middle Band (Support): $0.7388

Lower Band (Support): $0.7128

3. Parabolic SAR: $0.6938 (strong support for the current uptrend).

4. Momentum:

The price is trending near the upper Bollinger Band, indicating bullish momentum.

The recent rise of +3.91% suggests a strong buyer presence.

Volume data (827.44M ACT, 623.32M USDT) supports the bullish sentiment.

Trade Momentum: Bullish

Entry Point: Around $0.7500–$0.7600 (on pullbacks for better risk-reward).

Trade Signals

1. Target 1 (Short-Term): $0.7700

Key resistance near the Bollinger upper band.

2. Target 2 (Medium-Term): $0.8000

Psychological resistance level. Breakout above this confirms bullish continuation.

3. Target 3 (Extended): $0.8500

Strong resistance based on recent high momentum zones.

Stop-Loss:

Below $0.7300 (near the middle Bollinger Band).

If the price breaks below $0.7128 (BOLL DN), this invalidates the bullish setup.

Summary

Monitor the volume for confirmation of momentum; increasing volume aligns with upward targets.

If the price fails to sustain above $0.7388, consider a neutral/bearish shift.

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