ACT has declined by 12.45% to $0.5413 after
previously hitting a high of $0.7030. The sell-off has intensified as the market tests lower levels. Could this be a bounce opportunity? 📊 Key levels to watch:
Resistance: $0.6481 – A break above this could signal a recovery and open the way up to $0.6700.
Support: $0.5295 – A break below this could lead to a further decline towards $0.5100.
💡 Potential trade setups:
Bullish play: Long position above $0.5700 and targets at $0.5900 and $0.6300.
Bearish play: Short position below $0.5295 and targets at $0.5100 and $0.4900.
⚡️ Market Sentiment:
With momentum declining, keep an eye on volume spikes to confirm the next directional move. A rebound could surprise short-sellers, while continued weakness could accelerate the decline.
Stay alert—ACT is at a critical juncture!