🚀 ACT/USDT Price Analysis: Bullish Breakout Loading?
The ACT/USDT pair is showing promising signs, trading at $0.7490 with a stable 24-hour range between $0.6510 (support) and $0.7850 (resistance). After a sharp move to $0.9300, the price has entered a consolidation phase, forming higher lows—a classic signal of building bullish momentum. 📈
Key support lies at $0.7315, where short-term moving averages are aligning as a base. On the upside, $0.7850 is the first hurdle, with potential for a breakout to test $0.9300 if volume supports the move.
Entry Strategy:
Bullish Entry: Enter near $0.7430 (MA(7)) or the support zone at $0.7315.
Target: Watch for a breakout above $0.7850 to aim for $0.9300.
Risk Management: Set a tight stop-loss below $0.7315 to protect your capital.
With the current setup, ACT is offering a strong opportunity for traders. The consolidation phase is nearing an end—are you ready to catch the breakout? 🔥