ACTUSDT – Daily Technical Analysis
After experiencing a 74% correction, ACT has reached a major support level at $0.0480, where the price has currently stabilized. From this zone, there is a potential upside move of 26%, targeting the resistance at $0.0650.
However, traders should closely monitor the support level, as a confirmed breakdown below $0.0480 could trigger a bearish flag continuation pattern, potentially leading to another 74% drop.
🟢 Support: $0.0480 (major level)
🔴 Resistance: $0.0650 (26% above current price)
⚠️ Risk: Breakdown could activate a bearish flag and resume the downtrend
After experiencing a 74% correction, ACT has reached a major support level at $0.0480, where the price has currently stabilized. From this zone, there is a potential upside move of 26%, targeting the resistance at $0.0650.
However, traders should closely monitor the support level, as a confirmed breakdown below $0.0480 could trigger a bearish flag continuation pattern, potentially leading to another 74% drop.
🟢 Support: $0.0480 (major level)
🔴 Resistance: $0.0650 (26% above current price)
⚠️ Risk: Breakdown could activate a bearish flag and resume the downtrend
Trade fechado: objetivo atingido
This cryptocurrency reached its target and grew by 26%. You can save your profit and hold this cryptocurrency. There is also a possibility of its correction now.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.