$ACT /USDT – Meme Coin Retracement Alert!
Momentum Analysis:
Price is currently 0.0325 USDT (≈ Rs9.10), down 15.58% in 24h.
Short-term EMA(7) 0.0323 shows slight bullish support near current price.
Mid-term EMA(25) 0.0341 and long-term EMA(99) 0.0381 indicate the coin is in a short-term downtrend, likely retracing after recent highs.
Key levels: Resistance at 0.0385 (24h high), support at 0.0313 (24h low).
Long Setup:
Entry Zone: 0.0313 – 0.0325 (near 24h low & EMA(7) support)
Targets:
T1: 0.0340 (EMA25 test)
T2: 0.0365 (recent swing high)
T3: 0.0385 (24h high)
Stop Loss: 0.0305 (just below recent 24h low)
Breakout Confirmation Level & Key Support:
Breakout above 0.0367 confirms reversal from short-term downtrend.
Key support remains at 0.0313, holding this could stabilize price.
Pro Tip for Traders:
ACT is a volatile meme coin—watch for volume spikes (24h Vol 9.19M USDT) before chasing.
EMA(99) still above price—indicates caution; consider scaling in rather than full allocation.
Relevant Hashtags:
#ACT #CryptoMeme #AltcoinWatch #USDT