$ACT Speaking out might get a lot of people to argue with me, but this coin can still rise.
In the most extreme case, it can reach above $2.
Because when you look at the square, there are a lot of short positions being trapped.
They think this position is the peak and that it can't rise anymore.
Then they add margin and continue shorting.
The result is just a sideways market that tricks them into shorting.
This is the strategy of MYX and COAI.
Only when these people are completely liquidated and a big spike occurs will it signal a reversal.
Unfortunately, these people either got liquidated or missed an entire market cycle.
They will close their positions back to the breakeven line.
