The detailed analysis of the $ACT currency on the hourly frame:

#act

SMC School:

- There is a strong breakout of liquidity areas above the last peak, confirming a strong bullish trend after absorbing liquidity from sellers.

- No strong reversal areas or clear supply blocks have appeared so far, indicating the continuation of buying dominance.

Elliott Analysis:

- The recent movement often represents the third impulsive wave, which is the longest and strongest. A corrective fourth wave is expected to begin soon, likely around current levels or after a new minor peak.

Classical Analysis:

- Clear breakout from a long sideways range, and the trend has shifted to bullish with a strong candle on high volume.

- The trend is bullish and major resistances are clearly broken.

Potential Trade:

Direction: Bullish

Entry: Buy around the current price 0.0414 or upon retesting the 0.0375 area

Stop Loss: 0.034

First Target: 0.044

Second Target: 0.047

Note: Be cautious of any reversal signals or weakness in momentum at new peaks, and ensure strict capital management.

$ACT #MarshCrypto