ACT’s declining volume and high volatility signal waning investor interest and risk.
PNUT’s price drop highlights strong resistance, with $1.60 acting as critical support.
MACD and RSI indicators for both ACT and PNUT suggest potential downward pressure.
Acet (ACT) and Peanut (PNUT) are experiencing significant price volatility, with both tokens facing strong resistance. ACT is on a downward trend, while PNUT remains volatile despite its larger market capitalization. This volatility follows a recent whale transfer that has shaken investor confidence.
Acet (ACT) Price Analysis and Trading Insights
ACT experienced a notable price movement over a 1-day period. The token started at approximately $0.05387 but fell to $0.04677, marking a 13.24% decline. This downward trend persisted throughout the day, with a notable price peak beyond $0.053 that soon reversed into consistent declines.
The price action indicated significant resistance near $0.05387. For ACT to shift into an upward trajectory, breaking through this resistance level is critical. The current price level of $0.04677 could act as short-term support, but a breach below this might trigger furth…
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