$ACT BEARS ARE IN CONTROL — RESISTANCE IS HOLDING STRONG 🔥
Entry: 0.00923 - 0.00951 🔥
Target: 0.00887 🚀
Stop Loss: 0.0102 ⚠️
Price has rejected the 0.0096 zone twice on the 1H, leaving a clear liquidity pool above. Volume is declining on each retest, signaling absorption. The daily structure shows lower highs since the August peak — this break below 0.0095 could accelerate into the next demand zone at 0.00887.
The risk-to-reward on this setup favors the short side by nearly 2:1 on the first leg. Are you fading this resistance or waiting for a sweep of the 0.01 level first?
Not financial advice. Always manage your risk.
#ACT #ShortSetup #Resistance #CryptoBearish
🔥
Entry: 0.00923 - 0.00951 🔥
Target: 0.00887 🚀
Stop Loss: 0.0102 ⚠️
Price has rejected the 0.0096 zone twice on the 1H, leaving a clear liquidity pool above. Volume is declining on each retest, signaling absorption. The daily structure shows lower highs since the August peak — this break below 0.0095 could accelerate into the next demand zone at 0.00887.
The risk-to-reward on this setup favors the short side by nearly 2:1 on the first leg. Are you fading this resistance or waiting for a sweep of the 0.01 level first?
Not financial advice. Always manage your risk.
#ACT #ShortSetup #Resistance #CryptoBearish
🔥