🚨 ACT/USDT Market Insight: Key Levels to Watch! 🚨
The ACT/USDT pair is trading at $0.6205, tumbling 17.22% in the past 24 hours as bears take control. The price is sitting below critical moving averages, reinforcing the downtrend, but all eyes are on the support at $0.5802, the recent low. If this level breaks, sellers could push the price into uncharted bearish territory. On the upside, resistance lies at $0.6212 (MA-7) and $0.6739 (MA-25), where buyers will need strong momentum to reverse the trend.
Entry Strategy:
For Bears: Look for short entries on rejection near $0.6212, targeting $0.58, with a tight stop above $0.63.
For Bulls: Wait for a breakout above $0.63, confirming buyer strength, and aim for $0.67. Protect downside with a stop below $0.58.
With volatility running high (24h range: $0.5802 - $0.7696), opportunities are ripe for those who play the levels smartly. Will the bulls defend support or will bears take charge? Trade with precision and stay ahead of the market!