$ACT /USDT Short Trade Update - Playing Out Perfectly! 🎯 caution!
⚠️ swing trade for larger portfolio ⚠️
Our short trade on $ACT/USDT is progressing as expected! After a solid rejection from the $0.1833 resistance, the price is maintaining bearish momentum. There's another excellent opportunity to enter around the $0.1830-$0.1840 zone if we see a slight pullback.
Trade Details:
Entry Zone: $0.1830 - $0.1840 (on pullback)
Target 1: $0.1600
Target 2: $0.1015
Stop Loss: $0.2168
Market Insight:
With the current bearish pressure and failure to break above $0.1833, we could see further downside towards the $0.1748 support. Keep an eye on volume spikes indicating potential continuation or reversals.
Pro Tip:
Consider securing partial profits at the first target and trailing your stop-loss to lock in gains.