$ACT ACT has recently experienced a good market trend, and is now in the digestion phase. The price is fluctuating around 0.0394, just below the 7-hour moving average (about 0.0396), while the 25-hour and 99-hour moving averages are at 0.0363 and 0.0292, respectively. From this position, the bulls still have a slight advantage, but caution is necessary.

If it can break through the range of 0.042 to 0.045 cleanly (with the recent high point around 0.0429), there is hope to advance towards the range of 0.046 to 0.05. Conversely, the support level downwards is around 0.037 to 0.035, with stronger support near the 99-hour moving average at 0.029.

The trading volume significantly increased during that breakthrough, but has now declined. Whether the market can continue to rise depends on whether new buying can follow, and it is essential to regain the short-term moving average and recent high points. For now, we still need to wait for clearer signals.

ACTUSDT

Perp

0.03527

-10.09%