Since the last peak, #ACT has experienced a 10-day pullback, with an adjustment of 50%, which quickly washed out a large amount of high-position buying chips.
From the distribution of chips, retail investors have a scattered position, and the funding characteristics of the Meme sector are that they enter and exit quickly, with high volatility.
Currently, #ACT has broken through the downward trend line on the 4-hour chart. If the pullback does not fall below 0.465, there is still a possibility of further upward movement.
From the short-term trend, the price is gradually stabilizing, and it is recommended to pay attention to the changes in support levels and trading volume, and to prepare for timely operations.
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