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ACT has dropped nearly 4% — and the AI prophecy is starting to look like a nightmare. 🚨
The perpetual $ACT USDT is at 0.01576. The mark price is 0.01577.
Highest price in 24 hours: 0.01671 / Lowest price: 0.01568.
Volume: 142.98M ACT and 2.33M USDT — a huge coin volume, but low USDT. This is selling pressure.
Time frame: 1 hour.
BOLL (20,2): UP 0.01660 / MB 0.01613 / DN 0.01566.
Price at the lower band. One push and it breaks.
ACT volume: 3.71M. MA(5): 3.42M / MA(10): 3.34M.
Volume is still above averages — but the price is bleeding. Confirmed distribution.
I will go SHORT if 0.01566 fails.
Entry zone: 0.01550 – 0.01570
Take profit (TP): 0.01530 / 0.01500 / 0.01470
Stop loss (SL): 0.01600
$ACT