ACT short position layout perfect victory!!! Achievements abound
From a technical perspective, ACT faces significant downward pressure. The RSI indicator is in the 50-60 range and shows a gradual downward trend, indicating a weakening of price momentum, and the market may be entering a downward phase. The MACD line has already crossed bearish, and the histogram is gradually shrinking, which further indicates that bearish forces are strengthening, and market sentiment is gradually turning pessimistic.
During the price decline, trading volume continues to increase, selling pressure is intensifying, and the trend of short positions dominating the market is becoming more apparent in the short term. Current technical signals suggest that prices will continue to seek support downward.
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