🚨 $ACT /USDT ALERT: Price Retracement After Sharp Surge! 🚨

Overview: ACT recently experienced a massive spike on the 4-hour chart, reaching a high of 0.9500 before retracing to the current level around 0.6995. This pullback follows an aggressive rally, suggesting a potential consolidation phase or further corrective action.

Current Price: 0.6995

Entry Price: Consider entries around 0.70 if stability holds above this level.

💡 Key Levels to Watch:

Resistance: 0.9500 – A breakout above this recent high could fuel another surge, attracting more buying interest.

Support: 0.5466 – Critical support that, if broken, could indicate a deeper pullback towards lower levels.

🎯 Take-Profit Targets:

1. TP1: 0.80

2. TP2: 0.90

3. TP3: 0.95

🛑 Stop Loss: Place at 0.54 to manage downside risk.

⚠️ Caution: The sharp rally followed by a retracement suggests potential volatility. Traders should watch for signs of stability at the current price level. A confirmed breakout above resistance at 0.9500 could signal renewed bullish momentum, while failure to hold above support may lead to further declines. Proceed with caution.

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