$ACT Liquidity is hitting records!
Over the last 24 hours, more than 644 million coins have flowed through the ACT/USDT pair. This is massive liquidity for such an asset, allowing for large orders without significant slippage.
The daily low of $0.01323 already feels like the distant past as the price assaults the $0.01670 resistance. Indicator-wise, we are in an active accumulation and distribution phase. The Bollinger support at $0.01305 looks like the final frontier for the bears.
Do you think high volume is a sign of an impending reversal or trend continuation?
ACTUSDT
Perp
0.01398
-9.04%