🚨 $ACT /USDT ALERT: Testing Bottom Levels – Reversal on the Horizon? 🌟

Current Price: $0.5007 (-13.79%)

24h High: $0.5873

24h Low: $0.4867

24h Volume: 262.20M $ACT

The $ACT /USDT pair is attempting to recover after a sharp decline. With price stabilizing near the $0.50 range, traders are watching closely for signs of a potential reversal or further bearish action.

🎯 Key Targets to Watch:

1️⃣ Immediate Resistance: $0.5400 – A breakout above this level could indicate early signs of recovery.

2️⃣ Second Target: $0.5900 – Reclaiming this level would signal strong bullish momentum.

3️⃣ Major Bullish Target: $0.6400 – Sustained buying pressure might push ACT toward this critical resistance.

💡 Support Levels:

Key support lies at $0.4800; a drop below this could open the door to further downside.

📈 Technical Indicators:

MA(7): $0.4966 – Immediate resistance around the short-term moving average.

MA(25): $0.5329 – Mid-term resistance that needs to be reclaimed for upward momentum.

MA(99): $0.5999 – Indicates a longer-term bearish sentiment unless broken.

⚠️ Trading Tip: Monitor closely for volume spikes near support levels. A confirmed breakout above $0.5400 could present a good long opportunity, while a breakdown below $0.4800 warrants caution.

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