I've been keeping an eye on $ACT , and to me this still looks like a normal pullback after the recent rally—not a full trend reversal.
Price is sitting below the 7 MA and around the 25 MA, while the 99 MA is still holding. That's why I'm not bearish yet. The MACD has weakened and volume has slowed, so I'm waiting to see if buyers step back in.
Levels I'm watching, here the support and resistance zone:
📌 Support: 0.0100 | 0.0096–0.0098
📌 Resistance: 0.0108 | 0.0115 | 0.0135
My plan ✅ I'll only look for a long if 0.0108 is reclaimed with strong volume.
⚠️ If 0.0100 gives way, I'll stay on the sidelines.
I've learned that waiting for confirmation usually beats chasing candles.
Price is sitting below the 7 MA and around the 25 MA, while the 99 MA is still holding. That's why I'm not bearish yet. The MACD has weakened and volume has slowed, so I'm waiting to see if buyers step back in.
Levels I'm watching, here the support and resistance zone:
📌 Support: 0.0100 | 0.0096–0.0098
📌 Resistance: 0.0108 | 0.0115 | 0.0135
My plan ✅ I'll only look for a long if 0.0108 is reclaimed with strong volume.
⚠️ If 0.0100 gives way, I'll stay on the sidelines.
I've learned that waiting for confirmation usually beats chasing candles.