The ACT token was recently launched and, as usual, launches rarely maintain the bullish momentum seen in the early days for an extended period, with a few exceptions.
However, after profit-taking by pre-launch participants, selling pressure tends to gradually decrease, until the asset reaches a point considered attractive for purchase.
And for what reasons can we say that we are at a good point to buy ACT?
1️⃣ We are observing prices approaching a collision course with the downtrend line highlighted in yellow.
2️⃣ A second bottom is forming in the 0.5800 region.
3️⃣ The volume continues to decrease with each candle formed.
What else can we consider?
4️⃣ $ACT is a memecoin, created and managed through AI with the use of autonomous agents, uniting two of the strongest narratives of this cycle.
5️⃣It belongs to the SOL ecosystem, which continues to appreciate in value in relation to both ETH and BTC.
6️⃣The token was recently launched and has only 578 million MarketCap, with ZERO future inflation. For reference, the market-leading memecoin, DOGE, has a MarketCap of 54.8 billion.
This indicates that there is great potential for ACT to appreciate.
Its moment will be now if, and only if, it holds the price of 0.5800 for the next few hours...
Keep Calm and Follow The Plan!
