🚀 $ACT /USDT Technical Analysis 🚀
Current Price: $0.3322 (+8.95% in 24h)
Timeframe: 30m Chart on Binance
$ACT has shown bullish momentum, reaching a 24h high of $0.3479 before consolidating near $0.3322. The price is currently stabilizing, suggesting potential for either further upward movement or a short-term correction.
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Key Levels and Targets
1️⃣ Immediate Resistance: $0.3400
A break above this level could confirm renewed bullish momentum and lead to a retest of the day’s high.
2️⃣ Next Target Zone: $0.3600
A critical level to watch for mid-term upside momentum.
3️⃣ Long-term Target: $0.4000
A psychological level and key target for long-term bullish continuation.
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Trading Strategy
Short-term traders: Look for entries near $0.3300, targeting $0.3400 and $0.3600.
Long-term investors: Accumulate near $0.3200 support and hold for a potential run toward $0.4000.
📌 Support Levels:
Immediate support at $0.3200, with a stronger base at $0.3000.
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Recommendation
Secure partial profits as the price approaches resistance levels. Monitor volume closely for breakout confirmation above $0.3400 and adjust stop-loss levels to minimize downside risk.