ACM had a quick burst of action today. Price is sitting around 0.549 USDT and it is slightly up on the day, but most of the excitement already played out earlier. It jumped from the 0.54 area up to 0.588 and then pulled back just as fast. Now it is moving sideways and trying to settle.Volume was noticeable for a fan token. About three million ACM traded with roughly one point seven million USDT value. That is enough to create sharp candles and sudden moves, especially in low cap fan tokens like this.The chart shows a classic pump and cooldown. Strong green candles pushed price higher, then red candles wiped out most of the gains. After that the market went quiet and price started ranging between 0.545 and 0.549. This usually happens once the hype fades.The moving averages are all packed together around the current price. MA7, MA25 and MA99 sitting in the same zone means there is no clear direction right now. When MAs squeeze like this it often signals consolidation and indecision.ACM is basically cooling off. Still slightly green but momentum is gone for now. Fan tokens can move again without warning, but at this stage it looks more like range trading than another pump.#ACM#USDT#FanToken#CryptoMarket#TradingUpdate $ACM

ACM

0.541

-4.58%