$ACT /USDT Analysis: Bullish Momentum with Key Resistance Levels
$ACT is currently trading at $0.2531, reflecting a strong gain of +14.37% in the last 24 hours. The price reached a high of $0.2583 with a significant increase in volume, suggesting bullish sentiment.
Trade Setup:
Long Entry: Above $0.2550
Target 1: $0.2700
Target 2: $0.2850
Stop-loss: $0.2400
Short Entry: Below $0.2400
Target 1: $0.2250
Target 2: $0.2100
Stop-loss: $0.2550
Market Insight:
The RSI is at 74.49, indicating overbought conditions. The MACD is bullish, supporting the upward momentum. Traders should watch for potential resistance at $0.2600. A breakout above this level could lead to further gains, while a rejection may trigger a pullback.