ACT Rapid Decline, Where is the Potential?

Increased Volatility, How to Find Opportunities?

Short-term Layout Strategies to Help You Breakthrough!

Market Analysis

ACT has recently shown a clear downward trend, with market panic spreading. However, from a technical indicator perspective, there may be a test of key support in the short term, and a rebound may be brewing at lower levels. It is necessary to be cautious of short-term risks while seizing possible rebound opportunities.

Support and Resistance Levels

• Support Levels: $0.2550, $0.2400, $0.2250

• Resistance Levels: $0.2800, $0.3000, $0.3200

Short-term Trading Strategies

1. Long Strategy

• Entry Point: $0.2550

• Add Position Point: $0.2400

• Stop Loss Point: Slightly below $0.2250

• Take Profit Targets: First Target $0.2800, Second Target $0.3000, Third Target $0.3200

2. Short Strategy

• Entry Point: $0.2800

• Add Position Point: $0.3000

• Stop Loss Point: Slightly above $0.3200

• Take Profit Targets: First Target $0.2550, Second Target $0.2400, Third Target $0.2250

My Prediction

I lean towards a bearish operation, as ACT is unlikely to escape the downturn in the short term. It is advisable to pay attention to potential downward breakout opportunities.

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