🔥 ACT Takes a Nosedive!
🚨The crypto market is in a sea of red, and $ACT (Act I: The AI Prophecy is getting hit hard! The coin is down over 6% in the last 24 hours, with a significant drop in trading volume, signaling a lack of buyer interest.
This comes after a recent flash crash in the market and $ACT seems particularly vulnerable due to its low liquidity.
Current Situation: $ACT is trading around $0.035, down from yesterday's high. The market cap has also shrunk, now at a modest $33M.
Technical Analysis: Technical indicators are flashing red. Both MACD and RSI show strong bearish momentum, with the price breaking below key support levels. My analysis suggests more downside is likely unless a major buying event occurs.
Breaking News: The latest news points to a continued negative sentiment after Binance delisted an ACT/EUR pair back in July, reducing institutional access and overall liquidity.
Is this just a short-term correction, or is more pain ahead for ACT holders? 📉
#ACT #AITokensBounce #cryptocrash #BinanceHODLerOPEN #MarketPullback