The current price is around 0.465, and it may be worth considering entering directly to establish a position, with a short-term target looking towards 0.6.
From the four-hour chart, #ACT shows a double bottom rebound pattern, very similar to the last rebound, which also appeared after building a bottom with a morning star rally. The next point of interest is whether this wave of rebound will be stronger than the previous one.
ACT is currently priced at around 0.465, so enter the market with a short-term target of around 🎯0.6!
The four-hour double bottom rebound pattern is very similar to the previous rebound. After the bottom is built, a Dawn Star starts to rise. Will this wave be stronger than the previous one?
One picture shows you the dealer's trading actions, future market expectations and operation ideas of $ACT :
From a macro perspective, ACT has experienced three rounds of declines and dealers' shipments since its launch. At present, the overall structure has formed a triple bottom absorption, and the bottom is high. Moreover, when it touches the large-scale rising trend line for the second time, it rebounds quickly, which shows the strong buying power below.
And from the perspective of the dealer, if you blindly "kill the chicken to get the eggs" and continue to plummet, although you can make a short-term profit, it will definitely not be conducive to the later harvest. After all, it is still early to the bear market.
There is also the Ai+MeMe narrative, which is indeed a hot spot!
The point that everyone is most concerned about is that I suggest entering the market in batches from 0.44 to 0.39. Remember to enter in batches, and take it in the medium and long term! It's a matter of time before it takes off!