Here's a quick breakdown and interpretation of the $ACT /USDT market data you've shared:
---
Price Summary
Current Price: $0.0721 (up +7.29% in 24h)
24h High / Low: $0.0898 / $0.0670
Volume:
$ACT Traded (24h): 1.58 Billion
USDT Volume (24h): $123.61 Million
---
Technical Indicators
Bollinger Bands (20,2):
Upper (UP): 0.0859
Middle (MB): 0.0777
Lower (ON): 0.0694
Current price is below the middle band, suggesting some weakness or correction.
RSI (6): 39.26
Below 50, not oversold, but leaning bearish/neutral.
---
Performance Overview
Today: -1.37%
Last 7 Days: +38.39%
Last 30 Days: +23.25%
Last 90 Days: -61.11%
Last 180 Days: -87.82%
> Recent bounce, but long-term trend is heavily bearish.
---
Buy/Sell Zones (based on depth/order book data)
Strong Resistance: Around $0.0859–$0.0898
Support Zone: $0.0670–$0.0694
High Liquidity/Buy Interest: $0.0621 / $0.0548 (may act as strong supports if price drops)
---
Summary
Short-Term: Bullish recovery (last 7 days)
Medium-to-Long-Term: Still in a downtrend
RSI & BOLL: Indicate caution—potential pullback or consolidation around $0.07–$0.077