*📈 $ACT Major Rebound But Momentum Cooling Near $0.06 🔄*
$ACT has bounced back impressively from $0.0410 to $0.0656, now stabilizing around $0.0596 (+6.81%). Let's analyze the situation:
*Key Stats:*
- *Current Price:* $0.0596 (+6.81%)
- *24H High:* $0.0656
- *24H Low:* $0.0410
- *Volume:* 1.01B ACT
*Key Levels:*
- *Resistance:* $0.0620 / $0.0655
- *Support:* $0.0550 / $0.0485
*Momentum Insight:*
- *RSI:* 54.7, signaling neutral ground
- *StochRSI:* Dropping sharply from overbought territory, suggesting momentum may be stalling
*Outlook:*
- *Second Push:* If $ACT holds above $0.055, a second push toward $0.065 is possible
- *Momentum Fade:* If momentum fades, a revisit to the $0.048–$0.050 zone isn't off the table
*Trading Strategy:*
- *Volume Confirmation:* Watch for volume confirmation before entering a trade
- *Price Movement:* Price is moving sideways, so caution is advised