🚨 ACT/USDT SHOWS SIGNS OF RECOVERY – KEY LEVELS TO WATCH! 🚨
ACT is trading at $0.4564, down 11.40% in the last 24 hours, with a 24-hour high of $0.5163 and a low of $0.4222. After a sharp decline, the price is attempting to stabilize near support, showing potential for a short-term rebound.
Key Levels to Watch:
Resistance: $0.4650 – A breakout above this level could propel ACT toward $0.4900 and possibly $0.5160 in the short term.
Support: $0.4220 – This critical level must hold to prevent further declines. A breakdown may lead to a drop toward $0.4000.
Entry Strategies:
1. Long Entry: Enter near $0.4500, targeting $0.4650, $0.4900, and $0.5160. Place a stop-loss at $0.4300 to manage risks.
2. Short Entry: If ACT breaks below $0.4220, enter short with targets at $0.4000 and $0.3800, using a stop-loss at $0.4400.
The EMA(7) crossing above EMA(25) suggests a potential bullish reversal, but the EMA(99) indicates bearish pressure remains. Traders should watch for volume surges to confirm the next decisive move. Manage risks carefully in this volatile phase!
#ACT #CryptoSignals #TradingStrategies #COSSocialFiRevolution #COS/USDT
