$ACT SHORT SETUP ... 0.00950 IN FOCUS
ACT has faced selling pressure after testing 0.011354 resistance. The sharp rally is showing early signs of exhaustion, opening the possibility of a bearish pullback.
Entry Reference: 0.01090 - 0.01130
SL: 0.01250
TP1: 0.01050
TP2: 0.01010
TP3: 0.00950
Invalidation: 0.01250
A confirmed rejection followed by a break below 0.01090 could accelerate profit-taking toward 0.01010 and potentially 0.00950.
The short-term trend remains bullish, so this is a countertrend setup. Confirmation is important before taking the trade.
$ACT
ACT has faced selling pressure after testing 0.011354 resistance. The sharp rally is showing early signs of exhaustion, opening the possibility of a bearish pullback.
Entry Reference: 0.01090 - 0.01130
SL: 0.01250
TP1: 0.01050
TP2: 0.01010
TP3: 0.00950
Invalidation: 0.01250
A confirmed rejection followed by a break below 0.01090 could accelerate profit-taking toward 0.01010 and potentially 0.00950.
The short-term trend remains bullish, so this is a countertrend setup. Confirmation is important before taking the trade.
$ACT
