$ACT /USDT has shown a noticeable uptick recently, trading at 0.0405 USDT, which is up around +8.87% in the past 24 hours. While the jump looks good on the surface, a closer look reveals some mixed signals. The 24h high was 0.0407, and it failed to break above that with conviction, suggesting resistance is still holding strong around that zone. The 24h low of 0.0362 hints at some volatility, but the price has been clawing back steadily. Volume-wise, 98.67 million ACT traded versus 3.82 million USDT, which tells us there’s liquidity—but it’s mostly coming from people cycling within the ecosystem, not fresh USDT pouring in.
Technically, the price is sitting just below a key short-term resistance at 0.0410, and the support seems to be building around the 0.0380–0.0390 region. If it fails to punch through that 0.0410 level soon, this could turn into a short-term bull trap, especially if volume drops. Momentum indicators likely show overextension on the 1-hour and 4-hour charts, which usually precedes a pullback. This coin has been getting lumped into the “meme” category lately, which can either bring hype-driven rallies or brutal dumps—often both in the same week. If you’re trading ACT, watch closely: it doesn’t look weak, but it doesn’t look trustworthy either.