$ACT /USDT trading pair is currently showing the following details:๐Ÿš€๐Ÿ”ฅ๐Ÿ’ฏ

Price: $0.5348 (down -4.45% in the last 4 hours)

24h High: $0.6128

24h Low: $0.5225

24h Volume (ACT): 172.82M

24h Volume (USDT): 99.31M

Analysis:

Current Price: $0.5348

The price has seen a decline of -11.06% over the past 24 hours.

The market is experiencing some downward pressure, as the price has dropped from its daily high of $0.6128.

Key Levels:

Resistance: Around $0.6128 (24h High)

Support: Around $0.5225 (24h Low)

Trend:

The recent drop could suggest a possible correction, with the price potentially moving toward the support level. If $0.5225 holds as support, we might see a consolidation or rebound. However, if the price breaks below $0.5225, it could continue its downward momentum.

Volume:

The volume for ACT is significant, with 172.82M in the last 24 hours, indicating high trading activity. However, the recent decline of -4.45% suggests potential selling pressure.

Next Steps:

Watch for price action near $0.5225 to determine if support holds or if further downside is likely.

Pay attention to volume trends for confirmation of any upcoming moves.

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