🧐 ACT/USDT Analysis: What's the setup?
📍 **Current State (As of Now):**
• Price: ~$0.0301 (+3.08% 24h)
• 24h Vol: $13.14M (High activity)
• Category: Meme Token
📊 **Technical Check (D/4H Charts):**
• **Trend:** Strongly Bullish (Price above key EMAs)
• **Key Levels:**
S: $0.0270 (24h Low) → $0.0239 (Chart)
R: $0.0319 (24h High) → $0.0326 (Recent High)
• **Indicators:**
✅ Price > EMA(50) & EMA(200) (Bullish alignment)
📈 MACD: Positive & Above Signal Line (Bullish Momentum)
⚠️ RSI(14): Likely elevated near 60-70 (Watch for overbought)
• **Volume:** High 24h volume supports the move.
🔍 **Fundamental Context:**
• Recent "Audit" & "Trade-X" tags on chart may indicate exchange/platform developments, boosting short-term speculation. Meme token sentiment remains news-driven.
🎯 **EDUCATIONAL SPOT SETUP (High Probability):**
**IF price holds above $0.0290 on 4H, a potential long exists.**
**CONFIRMATIONS NEEDED:**
1. Successful retest of $0.0290-$0.0300 as new support.
2. Bullish MACD histogram expansion on 4H.
3. High volume on any push towards $0.0319.
**Potential Entry Zone:** $0.0295 - $0.0305
**Stop Loss (SL):** $0.0280 (Below support)
**Take Profit:** TP1: $0.0319, TP2: $0.0326+
**Verdict: WAIT & WATCH for confirmation.** The pump is extended. Let it cool and retest support. No FOMO.