$ACT ran +17% and this is what the structure shows right now 👇
Price ran 47% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
The break above 0.011354 was tiny (5.0%) and ACT got rejected from 0.011925 straight away. That's not strength, that's buyers running out of steam.
The spot I care about is 0.010716. That's where the last dip bottomed (it retraced $ACT 20% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.011925 though, I'm wrong.
📌 My ACT trade: short from 0.011437, stop at 0.011798, target 0.010716 (+6.3%, 1:2)
📊 24h Vol: $27.3M | 24h Chg: +16.7% | Funding: -0.0057%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#ACT #Crypto #Trade
Price ran 47% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
The break above 0.011354 was tiny (5.0%) and ACT got rejected from 0.011925 straight away. That's not strength, that's buyers running out of steam.
The spot I care about is 0.010716. That's where the last dip bottomed (it retraced $ACT 20% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.011925 though, I'm wrong.
📌 My ACT trade: short from 0.011437, stop at 0.011798, target 0.010716 (+6.3%, 1:2)
📊 24h Vol: $27.3M | 24h Chg: +16.7% | Funding: -0.0057%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#ACT #Crypto #Trade
