$ACT USDT short term price update
Price spent an extended period ranging and basing between 0.0195 and 0.0220 followed by a strong impulsive breakout The rally pushed cleanly through multiple resistance levels and accelerated into the 0.028 to 0.031 zone After printing a local high near 0.0314 price has shifted into sideways consolidation holding above former resistance which now acts as support
Bullish scenario
As long as price holds above the breakout base continuation remains valid
Entry zone 0.0272 to 0.0285 on consolidation hold or shallow pullback
Stop loss below 0.0258 loss of higher low structure and breakout support
Take profit targets
TP1 0.0314
TP2 0.0340
TP3 0.0375
Bearish alternate scenario
Failure to hold above 0.0258 would indicate distribution after the spike
Alternate downside levels
0.0240 then 0.0220
Market insight
Strong trend continuation structure with higher highs and higher lows momentum cooled into consolidation rather than sharp rejection bias stays bullish while price holds above the former resistance zone
