$ACT Key buying and selling zones after the strong rally 👀
$ACT was one of today’s standout coins, rising by more than 16%. It saw strong liquidity and growing positive momentum, breaking through resistance on the lower timeframes and smashing its targets.
But I think it’s nearing a correction.
🔴 Selling and profit-taking zone: 0.01140. I see this as the strongest barrier. If it breaks through, it could continue to 0.01250, but I don’t expect that, as it will face strong selling pressure.
🟢 Buying zone: Any downward correction could be an opportunity. The ideal zone is 0.00940–0.00920. It may be far off, but it’s the best zone, as it was previously resistance. Now that it has broken through, I’ll be looking for a retest.
$ACT was one of today’s standout coins, rising by more than 16%. It saw strong liquidity and growing positive momentum, breaking through resistance on the lower timeframes and smashing its targets.
But I think it’s nearing a correction.
🔴 Selling and profit-taking zone: 0.01140. I see this as the strongest barrier. If it breaks through, it could continue to 0.01250, but I don’t expect that, as it will face strong selling pressure.
🟢 Buying zone: Any downward correction could be an opportunity. The ideal zone is 0.00940–0.00920. It may be far off, but it’s the best zone, as it was previously resistance. Now that it has broken through, I’ll be looking for a retest.
