🚨 $ACT /USDT ALERT: Bearish Correction Underway, Key Support in Focus! 🚨
On the 15-minute chart, ACT has retraced significantly, showing a decline of 8.96%, trading at 0.5324 after falling from its 24-hour high of 0.6383. The coin is attempting to stabilize near key support levels following intense selling pressure.
💡 Critical Levels to Watch:
Resistance: 0.5570 – Breaking above this level could indicate a potential recovery.
Support: 0.5195 – Holding this level is crucial to avoid further downside.
📈 Trade Setup:
Entry Price: 0.5324
Take-Profit Targets:
1. 0.5500
2. 0.5800
3. 0.6100
Stop Loss: 0.5150
⚠️ Cautionary Note: ACT remains under selling pressure. Watch for signs of recovery near support or a breakout above resistance to confirm a reversal. Traders should use tight risk management as volatility persists.
