🔴 $ACT FDUSD 15m

Price remains in a clear short term downtrend. Market structure shows strong lower highs and lower lows after rejection near 0.0409. The bounce from 0.0318 is corrective only. Price is still below EMA 99, which is acting as firm dynamic resistance, overall control remains with sellers.

Key levels

Support 0.0318

Resistance 0.0339, then 0.0353

Momentum

Weak bullish reaction, momentum is fading into resistance, no structure break yet.

Scenario

As long as price stays below EMA 99 and fails to reclaim 0.034, downside continuation is favored. A rejection from current levels can lead to a retest of demand. Only a strong close above 0.035 would change the bias.

Setup

Entry 0.0336 to 0.0339

TP 0.0322, 0.0318

SL 0.0354