$ACT
/USDT Technical Analysis:
Current Price: $0.5057
24h Change: +4.90%
Support Levels:
Strong Support: $0.4318 (24h low)
Minor Support: $0.4935 (recent bounce zone)
Resistance Levels:
Immediate Resistance: $0.5156 (24h high)
Key Resistance: $0.5191 (order book level)
Trade Momentum:
The price is currently in an upward trend with strong bullish momentum, showing a steady increase over the last 24 hours (+4.90%).
A breakout above the $0.5191 resistance could lead to further bullish continuation.
Trade Signal & Target Levels:
1. Buy Signal:
Enter trade at $0.5057 or on a dip towards $0.4935 (if the price pulls back to support).
2. Target 1 (T1):
$0.5156 - Near-term resistance, expect some resistance here.
3. Target 2 (T2):
$0.5191 - Strong resistance, breakout here could accelerate the price.
4. Target 3 (T3):
$0.5300 - $0.5400 - Extended bullish move if the breakout momentum continues.
Stop-Loss:
Set stop-loss below $0.4935 (around $0.4850), in case the price retraces below this support.
Conclusion:
The trade momentum is bullish, with targets at $0.5156, $0.5191, and higher around $0.5300. Traders should look for confirmation of a breakout above resistance levels to maximize profit.
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