$ACT
/USDT is under heavy pressure right now and the chart isn’t trying to hide it.
Price is sitting at 0.0327, printing a fresh intraday low after a sharp rejection from the 0.037–0.038 zone. The structure on 15m is clearly bearish. Lower highs, lower lows, no real bounce attempts sticking. MA(7) at 0.0331 and MA(25) at 0.0342 are both above price, acting like a ceiling, while MA(99) near 0.0372 confirms the broader downside bias. Every small green candle is getting sold into.
Volume tells an interesting story. There was a spike on the sell side earlier, then volume cooled down as price continued to grind lower. That usually signals exhaustion building, but not confirmation yet. This kind of slow bleed often traps impatient longs.
Immediate support is right where price is now, 0.0327–0.0325. If this level fails with volume, next downside liquidity sits around 0.0310–0.0300. That’s where short-term panic selling could flush out. On the upside, any relief bounce will first struggle near 0.0338–0.0345. A clean reclaim above 0.0350 is needed to even talk about trend shift, otherwise it’s just a dead-cat bounce.
Momentum is weak, sentiment is heavy, and structure favors bears until proven otherwise. This is one of those zones where patience matters more than prediction. Either wait for a clear base to form or let the bounce confirm itself.
Fast market, emotional candles. Manage risk tightly...