ACT/BUSD forming an ascending triangle patternAcet Token / BUSD Token on BSC (0xa5cF212d889Dc9c05d47924Cf2e909fb50Df928F)PANCAKESWAP:ACTBUSD_A5CF21noman_anjum🔍 Key Observations: Horizontal Resistance: Around 0.0525–0.0530 BUSD. Rising Support Trendline: Price consistently makes higher lows. Volume: Declining slightly, which is common before a breakout. Stochastic RSI: Mid-zone; ready for either direction but not overbought. RSI: Around 49–50 (neutral zone), room for upward momentum. 🧭 Trade Outlook If price breaks above 0.0530 with volume, expect a potential rally. Bullish Breakout Target (measured move): > ~0.063 to 0.065 BUSD (based on height of triangle). ✅ Bullish Confirmation: Break and close above 0.0530 with strong candle. RSI crosses above 60. Volume spike at breakout. ❌ Bearish Invalidations: Breakdown below rising trendline (~0.048). RSI drops below 40. No volume on breakout attempt. 📈 ACT/BUSD Trade Setup (Bullish Breakout Play) 🔹 Entry (Buy): Aggressive Entry: Buy at 0.0525 – 0.0530 BUSD (just before or at breakout). Conservative Entry (Confirmed Breakout): Buy on 1H or 4H candle close above 0.0535 with volume confirmation. 🎯 Target (Take-Profit Levels): Measured move = height of triangle (~0.012) added to breakout point. TP1: 0.0575 BUSD TP2: 0.0600 BUSD TP3 (Full Target): 0.0650 BUSD Use trailing stop after TP1 if riding longer trend. 🛡️ Stop-Loss: Place below recent swing low or below ascending trendline: SL (Tight): 0.0495 BUSD SL (Safer): 0.0480 BUSD ⚖️ Risk–Reward Ratio: Entry: 0.0530 SL: 0.0495 (risk = 0.0035) TP1: 0.0575 (reward = 0.0045) RR: ~1.3 TP2/3: RR increases significantly. ✅ Tips: Watch for fakeouts — volume confirmation is crucial. You can scale in (50% at breakout, 50% after retest). Monitor BTC dominance and overall market sentiment (can affect small-cap tokens like ACT).