šŸšØ $ACT /USDT Trading Signal ā€“ Key Support and Resistance Levels! šŸšØ

Market Sentiment: $ACT /USDT has shown a significant pullback, currently down -8.91% on the 1D chart. The price has tested lower levels, and traders should be cautious of further retracement or a potential rebound.

šŸŽÆ Trade Setup:

šŸ“Œ Long Position:

Entry: Above $0.3200

Target 1: $0.3500

Target 2: $0.3700

Stop Loss: $0.3000

šŸ“Œ Short Position:

Entry: Below $0.3000

Target 1: $0.2800

Target 2: $0.2500

Stop Loss: $0.3200

šŸ“Š Analysis:

Volume Analysis: The current volume indicates moderate activity, with volume slightly decreasing in the last 24 hours.

Support/Resistance: Immediate support is at $0.3000, with resistance near $0.3500. A breakout above resistance could signal a bullish continuation.

Trend: $ACT is currently in a downtrend, but a price reversal or a break of key resistance could signal a potential reversal or consolidation.

šŸ’” Pro Tips for Traders:

āœ… Watch for a breakout above $0.3200 for a potential long entry.

āœ… Keep a tight stop-loss strategy as volatility is present.

āœ… Consider securing partial profits as the price nears resistance levels.

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