$ACT

ACT
ACTUSDT
0.02486
+20.32%

exploded vertically and immediately printed a long rejection wick from the top, which is a clear sign of aggressive profit-taking. After that spike, price couldn’t continue higher and instead dropped into a choppy consolidation. The recovery you’re seeing now is slow and corrective, meaning buyers are not in control yet. As long as price stays below the spike high, this structure favors a pullback rather than continuation.

Trade Setup

Short Entry: 0.0248 – 0.0255

Targets: 0.0232 / 0.0220

Stop Loss: 0.0268