Act I tested $0.01 today — and lost it.
$ACT $0.00918 now, -10.6% in 24h. It pushed up to $0.01062 this morning, then gave it all back.
Levels I am watching:
• Support: $0.00906 — today's low, then $0.0088
• Resistance: $0.0100 — the round number it just lost, then $0.0106
• Trigger: a push back over $0.0100
• Invalidation: losing $0.00906
24h volume is $2.5M, and the move was steady selling through the afternoon, not one sharp drop. No news behind it that I could verify.
This is the other side of round numbers: they get tested, and sometimes they break. Now the question is whether $0.00906 holds, or the next stop is lower.
What do you watch when a coin loses a round number — the low, or the volume?
#ACT #Crypto
Not financial advice.
$ACT $0.00918 now, -10.6% in 24h. It pushed up to $0.01062 this morning, then gave it all back.
Levels I am watching:
• Support: $0.00906 — today's low, then $0.0088
• Resistance: $0.0100 — the round number it just lost, then $0.0106
• Trigger: a push back over $0.0100
• Invalidation: losing $0.00906
24h volume is $2.5M, and the move was steady selling through the afternoon, not one sharp drop. No news behind it that I could verify.
This is the other side of round numbers: they get tested, and sometimes they break. Now the question is whether $0.00906 holds, or the next stop is lower.
What do you watch when a coin loses a round number — the low, or the volume?
#ACT #Crypto
Not financial advice.
