$ACT CONSOLIDATING NEAR RESISTANCE: BIG MOVE LOADING?
$ACT is trading at $0.0860, up +1.53% on the day and holding above the $0.0847 support level. Price is coiling tightly just below resistance, suggesting a breakout could be in the cards. Volume is steady at 47.01M, and buyer strength leads slightly at 53.75%.
Key Levels to Watch
• Resistance Zone: $0.0875 – $0.0884
A confirmed breakout here could trigger a bullish run toward:
• TP1: $0.0900
• TP2: $0.0940
• Support Zone: $0.0820 – $0.0845
A breakdown below may lead to deeper retracement toward:
• TP1: $0.0785
• TP2: $0.0750
Trade Setup – Watching for Breakout Confirmation
• Bullish Entry: Above $0.0875 on strong volume
• Bearish Entry: Below $0.0820 with selling pressure
• Stop-Loss: Below $0.0810 for longs / Above $0.0885 for shorts
With tight consolidation, rising volume, and decent bid-side dominance, ACT is gearing up for a move—direction will depend on the next resistance test.