$ACT
USDT BEARISH COLLAPSE – STRONG SELL PRESSURE DRIVING NEW LOWS 🔻
$ACTUSDT has experienced a heavy breakdown on the 1H timeframe, with massive bearish candles taking price down aggressively. Sellers remain in control with no strong reversal signals emerging yet.
🔑 Key Levels:
Support: $0.0355 (immediate support), $0.0340 (next major support)
Resistance: $0.0400 and $0.0420
Current Price: $0.0378
📉 Trade Setup (Short Entry):
Entry Zone: $0.0375 – $0.0385
Take Profits:
TP1: $0.0365
TP2: $0.0355
TP3: $0.0340
Stop Loss: $0.0405 (above key resistance zone)
🌐 Short Market Outlook: ACT is currently trending strongly bearish with lower lows and lower highs dominating the structure. Unless it reclaims above $0.0400, further downside towards $0.0355 and below remains likely.
⚠️ Risk Management: Always trade with a strict stop loss. Risk only 1-2% of your capital per trade to protect yourself from unexpected reversals in highly volatile meme coins like ACT.
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buy and trade here on $ACT