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 chiuso: obiettivo raggiunto
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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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.