$ACT In Free Fall - Are We Witnessing a Final Rebound or More Troubles? 🚨🔻
Its price has dropped by 11.87%, trading now at $0.0453 after a heavy sell-off from its recent peak at $0.0536.
On the four-hour chart, the price action clearly appears bearish - trading below all major moving averages (7, 25, 99).
The last candle touched the support level of $0.0447 - a level that bulls must defend to prevent further decline.
Trading volume remains strong, indicating significant interest from traders - but sentiment is clearly cautious.
📊 Trading Setup (Oversold Reversal Idea)
• Entry Zone: $0.0445 - $0.0455
• Targets:
1: $0.0476
2: $0.0499
3: $0.0515
• Stop Loss: $0.0430
Buy and Trade Here $COW
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