$ACT is trading near 0.0244 after a sharp expansion from the 0.0212 base, followed by controlled consolidation. The initial impulse was driven by aggressive spot buying and short liquidations as price broke above the MA cluster and swept liquidity into the 0.0269 high. That level acted as a clear liquidity magnet and distribution zone, where sellers absorbed momentum and forced late longs to unwind.
Since then, price has held above the 0.0232–0.0235 region, which is now acting as a short-term value area. Volume has cooled compared to the breakout candle, suggesting liquidation pressure has already played out and positioning is resetting. There is no sign of heavy whale distribution at current levels, just rotational profit-taking and range building. Funding has stabilized, which supports the idea that leverage is no longer crowded on one side.
Structurally, ACT remains constructive as long as it holds above the rising mid-range and does not lose the 0.0230 support. Momentum has shifted from explosive to controlled, which is typical after a liquidity grab. If buyers reclaim the upper range with volume, continuation becomes likely. Failure to hold the base would turn this into a deeper pullback rather than a trend break.
Market outlook
Bullish consolidation after liquidity expansion. Trend continuation depends on holding range support and rebuilding volume.
Key levels
Support: 0.0230, then 0.0212
Resistance: 0.0269, then 0.0285
Trade levels
TP 1: 0.0269
TP 2: 0.0285
SL: 0.0212
Market cap
Based on current price and circulating supply estimates, ACT is roughly in the $90M–120M market cap range, which explains the fast reactions to liquidity and sentiment shifts.
My take
This move looks like a clean liquidity-driven expansion followed by healthy digestion, not exhaustion. The market is waiting for confirmation, not chasing. Do your own research.
