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
✅Buy and Trade here on $ACT