$ACT is up 17% and showing rejection at the highs. Here's why ๐
Pumps like this 53% leg in 3 days always bring in late buyers right where risk is highest.
Look at what happened around 0.011998: ACT got through by just 8.1%, tagged 0.012968 and fell back. Everyone who bought that breakout is sitting on a loss now.
Next stop for me is 0.01107. Nobody's touched it since $ACT the pullback (27% of the leg), so it's the obvious magnet. A move above 0.012968 proves me wrong.
๐ My ACT trade: short from 0.012449, stop at 0.013139, target 0.01107 (+11.1%, 1:2)
๐ 24h Vol: $55.0M | 24h Chg: +16.9% | Funding: +0.0027%
Would you take this trade or sit it out? ๐
Follow for daily chart breakdowns ๐
Not financial advice. Manage your risk.
#ACT #Crypto #Trading
Pumps like this 53% leg in 3 days always bring in late buyers right where risk is highest.
Look at what happened around 0.011998: ACT got through by just 8.1%, tagged 0.012968 and fell back. Everyone who bought that breakout is sitting on a loss now.
Next stop for me is 0.01107. Nobody's touched it since $ACT the pullback (27% of the leg), so it's the obvious magnet. A move above 0.012968 proves me wrong.
๐ My ACT trade: short from 0.012449, stop at 0.013139, target 0.01107 (+11.1%, 1:2)
๐ 24h Vol: $55.0M | 24h Chg: +16.9% | Funding: +0.0027%
Would you take this trade or sit it out? ๐
Follow for daily chart breakdowns ๐
Not financial advice. Manage your risk.
#ACT #Crypto #Trading
