$ACT bulls are making a stand right at a critical daily demand zone.
After a heavy pullback from the recent highs, the price has dropped directly into a major support block between 0.008 and 0.009.
This isn't just minor support. History shows this exact green zone has consistently stopped sellers in their tracks and fueled previous rallies.
Currently holding right inside this floor at 0.00867, the downside momentum is clearly fading as buyers start to step in.
If this demand zone holds firm and buyers regain control, the next major move could easily push the price back up to test the 0.01225 resistance level.
Lose the 0.008 level, though, and the bullish thesis is invalidated, opening the door for a deeper drop.
Bulls have a textbook setup right in front of them, but they need to prove it with a strong daily close here.
#ACT #ACTUSDT