$ACT /USDT โ Sharp Decline! Short Opportunity Forms ๐๐ฏ
ACT has plummeted over 64%, now trading near **$0.0679** after a strong rejection from **$0.0924**. The trend remains strongly bearish, with consistent lower highs and breakdowns.
**Key Levels:**
- **Resistance:** **$0.0715 โ $0.0730** (former support, now flipped)
- **Support:** **$0.0660**โa break below could trigger further selling pressure.
**Short Setup:**
- **Entry:** Consider shorting on weak bounces or rejection wicks near **$0.0685 โ $0.0705**.
- **Stop Loss:** **$0.0735** (above resistance).
- **Take Profit Targets:**
- **TP1:** **$0.0650**
- **TP2:** **$0.0600**
**Market Sentiment:**
Buying momentum is fading, while sellers dominate every rally attempt. Monitor volumeโ**low volume may sustain the downtrend**. Watch for a confirmed breakdown to follow the bearish momentum.
**$ACT** #Crypto #Trading