$ACT - the price is holding in the corridor 0.01250.0142 - on the chart, a base is being formed near the lower boundary. Volumes are moderate, but there are signs of accumulation; if the price holds above 0.0132, you can expect a move toward the upper boundary of the range
Long $ACT
Entry 0.0129 - 0.0130
Stop below 0.0125
Target 0.0136 - 0.0142
Right now, ACT looks as if it has “found a bottom” and is trying to bounce up. There is risk—if it goes below 0.0125, the long scenario breaks. But for now the picture is more bullish: entry at support, a tight stop, and targets are a return to the top of the range. This is more like a careful bounce trade
DYOR
#ACT #ACTAlert
Long $ACT
Entry 0.0129 - 0.0130
Stop below 0.0125
Target 0.0136 - 0.0142
Right now, ACT looks as if it has “found a bottom” and is trying to bounce up. There is risk—if it goes below 0.0125, the long scenario breaks. But for now the picture is more bullish: entry at support, a tight stop, and targets are a return to the top of the range. This is more like a careful bounce trade
DYOR
#ACT #ACTAlert