**$ACT /USDT MARKET REPORT – COLLAPSE IN PROGRESS**
- **Current Price**: $0.0531
- **24h Change**: -21.91%
- **24h High / Low**: $0.0739 / $0.0507
- **Crash from Recent High**: Down nearly 75% from $0.2103
- **Volume (24h)**: 1.79B ACT
### What’s Going On?
$ACT /USDT is in a steep decline. After peaking at $0.2103, it's now down over 75%. The price is trying to bounce from $0.0507, but the bounce is weak and lacks buying volume. This suggests a major selloff, likely due to a hype-driven pump followed by mass exits.
### Key Observations:
- Sellers are fully in control
- Support at $0.0500 is weak
- If $0.0500 breaks, the next support is around $0.0420
- A relief bounce may happen, but a full reversal is unlikely without volume and confirmation
### Conclusion:
This is a classic pump-and-dump situation. Traders should be cautious and avoid long entries until there’s stabilization and clear reversal signs.
Buy and Trade carefully!
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