$ACT Bullish Reversal in Sight?
Current Price: $0.0404
24h High: $0.0419
24h Low: $0.0365
24h Volume (ACT): 173.48M
24h Volume (USDT): $6.89M
Key Levels:
Support: $0.0390 - $0.0400 (recent lows and current bid levels)
Resistance: $0.0415 - $0.0420 (previous highs and current ask levels)
Bullish Scenario:
Target 1: $0.0425 (break above $0.0415 resistance)
Target 2: $0.0450 (next significant resistance level)
Bearish Scenario:
Target 1: $0.0385 (break below $0.0390 support)
Target 2: $0.0360 (next significant support level)
The ACT/USDT chart shows a potential bullish reversal, with the price holding above the $0.0390 support level. A break above $0.0415 resistance could lead to further gains, targeting $0.0425 and $0.0450. However, a break below $0.0390 support could trigger a decline towards $0.0385 and $0.0360. Monitor volume and order book activity for confirmation.