ACT Short-Term Entry Strategy
The AI sector has been very hot these days, and ACT is severely undervalued. The spot can be entered at the support level of 0.52-0.55. Accumulate on dips.
Contract Short-Term Order Strategy
1. Order Placement
• First order point: 0.5710-0.5740
• This range is a short-term support (the lower moving average support on the 15-minute chart and the bottom of the consolidation range), and placing an order here is likely to trigger a rebound.
• Second order point: 0.5560-0.5600
• This is the previous low support area, which is also close to the important moving average support on the 4-hour chart.
2. Stop Loss Position
• Set below 0.5500 to prevent further weakness after breaking key support.
3. Target Position
• First target: 0.5880-0.5900
• Short-term resistance area, where profit can be locked in by reducing positions.
• Second target: 0.6030
• After breaking through, there is a chance to hit higher resistance areas, suitable for partial profit-taking.
4. Position Management
• Place orders in batches to avoid entering all at once:
• 0.5710-0.5740: 50% position.
• 0.5560-0.5600: 50% position.
Short-Term Strategy Notes
• Volatility: There may be false breakouts in the short term, so try to place orders close to support levels and avoid chasing highs.
• Risk Control: Due to fast short-term fluctuations, stop-loss settings should not be too far (recommended within 3%-5% range).
• Observe Volume: If the price touches support but trading volume increases, it indicates that the support is effective, and consider adding positions. Conversely, be cautious when trading volume is weak.
Current market sentiment is relatively active; patiently waiting for key support levels to re-enter will be more prudent.
