Recently, the price of ACT has been rising like a wild horse with a strong big positive line, touching the bottom support of the trend, which instantly shocked the market, as if the rebound has already started. However, in-depth technical analysis gives a warning signal-the MACD dead cross quietly appears, and the sustainability of the upward momentum faces severe tests. The market's bullish hopes may collapse in the short term.
The current rise is most likely a "trapping and killing" tactic of the bears, and the bulls are in their last gasp before "counterattack". The next few hours will be a critical moment to determine the life and death of the price trend!
In this fierce battle between bulls and bears, which side are you on?