🔍 ACT Analysis – RSI Dips as Support Gets Tested 🔍
📉 ACT is showing signs of weakness as it trades near its daily low, down 1.50% in the last 24 hours. As a trending altcoin, ACT’s recent price action suggests caution, especially for beginners watching this setup.
📈 Technical Analysis
- Short-term trend: Bearish
- Support: $0.0363
- Resistance: $0.0406 and $0.0528
- Pattern: No clear breakout; price hovering near support
- Volume: Moderate, with 87.69M ACT traded
- RSI(6): 39.13 – approaching oversold territory
- MA(5) and MA(10): Bearish crossover confirmed
- Outlook: Bearish
📰 Market Data & News
- Price: $0.0393
- 24h Change: -1.50%
- No major headlines or listings currently impacting ACT
🔄 Scenario Breakdown
- Bullish Case: A bounce from $0.0363 with rising volume and RSI recovery above 45 could trigger a move toward $0.0406
- Bearish Case: Breakdown below $0.0363 with continued RSI weakness confirms further downside toward $0.0350
📊 Sentiment Meter
📉 Bearish Bias – Sellers in control, weak volume
⚠️ Risk Level
🟡 Medium – Some signals align, but confirmation needed
💬 Will ACT hold the $0.0363 support or break lower into bearish territory? Drop your take below 👇
📍 Plan locked. Chart ready. Execute the trade with confidence. This isn’t hype—it’s calculated. 🙏 Like, Follow & Share to spread disciplined trading.
📢 Not financial advice. Use this analysis as a learning tool, not a trading signal. DYOR and manage your risk.
ACT #TheCryptoMalik
