Hey fam… $ACT just printed a strong impulsive move straight from the base with heavy volume, followed by a clean and healthy pullback. This is a classic continuation structure — buyers showed their hand on the breakout, and as long as price holds above the breakout zone, the bullish momentum remains intact. The consolidation we’re seeing now looks constructive, not weak, which keeps the upside scenario active.
Trade Setup (Long)
Entry Zone: 0.0355 – 0.0375
Target 1: 0.0405
Target 2: 0.0429
Target 3: 0.0460
Stop-Loss: 0.0328
Momentum stays bullish while price holds above the 0.035 area. Manage risk properly and let the continuation play out.
ACT
0.0342
-12.75%