$ACT Sudden Surge After Heavy Drop! Is the Reversal Real or a Bull Trapโ$ACT just spiked from $0.0523 to a high of $0.0633, clocking in a sharp +21% rebound before cooling off to $0.0610. This move comes right after a long bearish stretch, raising eyebrows across the chart-watchers' circle.
Snapshot: ๐ธ๐ธ๐ธ
Current Price: $0.0614 (+8.86%)
24h High: $0.0633
24h Low: $0.0523
Volume: 534.77M ACT
RSI(6): 85.08 (overbought territory)
StochRSI: 97.32 / 98.40 (extremely overheated)
Quick Analysis: The bounce is aggressive, and the candle structure shows momentum, but the RSI and StochRSI are screaming caution. Unless volume remains steady and price holds above $0.0600, this could fade just as fast.
Watch Levels:
Support: $0.0580 / $0.0550
Resistance: $0.0633 / $0.0660
Strategy Note:
Wait for confirmation. If ACT holds above $0.0600 with rising volume, it may test $0.0660 again. But donโt chase pullback entries are safer in this overheated zone.
buy and trade here $ACT