Bro, tonight let’s take a look at the most notable countertrend coin: $ACT +9.7%/24h, while $BTC fell to 75.8K and the whole market was deep in the red (only 140/775 pairs were still green).
ACT is at 0.00973, above both the EMA20 (0.00943) and EMA50 (0.00912)—the short-term bullish structure is still intact. The 1H RSI is 62.0, strong but not overbought, unlike those overheated coins that rocket to RSI 80–90 before immediately reversing. 24h volume is around $2.3 million, and the latest 1H candle had 1.4 times the average volume—steady inflows, not a price pump on thin volume.
The nearest resistance is the 24h high of 0.01005, which is also the psychological 0.01 level, currently being tested. Support is at the EMA20 (0.00943), with the 24h low of 0.00860 further below.
Two scenarios for the next 18 hours (these projections are illustrative scenarios):
• Bullish: Break above 0.01005 with sustained volume → test the 0.01035 area.
• Pullback: Fails to break resistance → retreats to the EMA20 at 0.00943; if that level gives way, down to 0.00860.
Macro backdrop: U.S. jobs data (NFP) came in much stronger than expected tonight—165K new jobs versus 65K expected, with unemployment at 4.1%. A strong labor market gives the Fed more reason to keep rates high, or even raise them in December—that’s why BTC fell further to 75.8K after the report. The next key event is U.S. CPI on 10/11.
Note: ACT is a small-cap coin with very high volatility. If you’re getting in, remember to manage your position size and don’t FOMO into a green candle.
Data analysis, not investment advice.
#ACT #Crypto #Altcoin #BinanceSquare
ACT is at 0.00973, above both the EMA20 (0.00943) and EMA50 (0.00912)—the short-term bullish structure is still intact. The 1H RSI is 62.0, strong but not overbought, unlike those overheated coins that rocket to RSI 80–90 before immediately reversing. 24h volume is around $2.3 million, and the latest 1H candle had 1.4 times the average volume—steady inflows, not a price pump on thin volume.
The nearest resistance is the 24h high of 0.01005, which is also the psychological 0.01 level, currently being tested. Support is at the EMA20 (0.00943), with the 24h low of 0.00860 further below.
Two scenarios for the next 18 hours (these projections are illustrative scenarios):
• Bullish: Break above 0.01005 with sustained volume → test the 0.01035 area.
• Pullback: Fails to break resistance → retreats to the EMA20 at 0.00943; if that level gives way, down to 0.00860.
Macro backdrop: U.S. jobs data (NFP) came in much stronger than expected tonight—165K new jobs versus 65K expected, with unemployment at 4.1%. A strong labor market gives the Fed more reason to keep rates high, or even raise them in December—that’s why BTC fell further to 75.8K after the report. The next key event is U.S. CPI on 10/11.
Note: ACT is a small-cap coin with very high volatility. If you’re getting in, remember to manage your position size and don’t FOMO into a green candle.
Data analysis, not investment advice.
#ACT #Crypto #Altcoin #BinanceSquare
