$ACT

Binance Technical Analysis: ACT/USDT - January 5, 2025 🚀

The ACT/USDT trading pair has recently shown strong momentum with a +20.67% increase in price, currently sitting at 0.3900 USDT. Let's break down the technical analysis and outline the key targets for the upcoming price action. 📈

Key Levels & Target Areas 🎯:

1. Target 1: 0.4130 USDT (24h High)

Price has recently approached this level, and it represents the immediate resistance. If this level breaks, we could see a continuation toward the next resistance zone.

2. Target 2: 0.4000 USDT (Psychological Resistance)

The 0.4000 level is a key psychological price point. If ACT/USDT holds above this level, it could signal sustained bullish momentum in the near term.

3. Target 3: 0.3800 USDT (Support Zone)

On the downside, the 0.3800 support level is critical. If the price retraces, this could act as a solid support area for further consolidation before another upward push.

Moving Averages 📊:

MA(5): 7,191,960.7

MA(10): 9,110,237.4

Current Price Action:

Current Price: 0.3900 USDT

24h High: 0.4130 USDT

24h Low: 0.3110 USDT

24h Volume (ACT): 445.52M

24h Volume (USDT): 166.37M

Happy trading! 📉📈 #Binance #Crypto #ACTUSDT #TechnicalAnalysis #CryptoTrading