๐จ ACT/USDT Crashes 65%โIs This the End or Just Capitulation?
The charts are brutalโACT has fallen off a cliff, diving from above $0.20 to just $0.067 with zero signs of life.
๐ All Timeframes Bearish
1H/4H: Waterfall breakdown with no bounce, price hugging lower Bollinger Bands
1D: Descending channel fully brokenโpanic selling in full effect
MAs sharply downward across all frames, confirming trend acceleration
๐ Volume Spikes = Exit Event
Massive sell-side pressure with no recovery wicks
Possible token unlock, rug pull, or major VC exit in play
๐ง Fundamental Red Flags
No confirmed burn/staking utility
No on-chain defense visible
Chart behavior suggests a speculative token with weak vesting control
๐ฏ Trade Levels
Support: $0.067 (current low), $0.0196 (macro listing low)
Resistance: $0.075 / $0.10 / $0.15โ$0.18
No entry setup until a confirmed reversal pattern forms
โ ๏ธ This is a high-risk zone. No base, no bounce, no bid.
๐ Set alerts at $0.10+ for any reversal signal. Until thenโproceed with extreme caution.
๐ฌ Dead cat bounce or just dead? Comment your take.