$ACT /USDT – Delisting Panic: Extreme Caution
$ACT is currently trading at $0.0224 (-9.31%), exhibiting extreme volatility following the visible Binance removal notice. The 15m chart confirms heavy selling pressure with large red volume, indicating a panic dump as the market liquidates positions.
The fundamental risk is extremely high due to the token removal event, and established support levels are failing quickly. Most traders should avoid this pair entirely. For experienced traders accepting high risk, a short position is the only viable direction in the short term, but mandates extremely tight risk management.
Trade Plan (Short/High Risk)
Entry Zone: $0.0225 – $0.0227 (Targeting a slight retest of failed support/resistance)
TP1: $0.0220
TP2: $0.0215
TP3: $0.0205
SL: Above $0.0232 (Must be very tight)
Momentum is heavily bearish and driven by fundamental negative news. Do not use high leverage.
