📈 Altcoin
$ACT — corrective setup within an ascending structure
📊 Technical analysis
Price remains within a broader ascending structure, trading above the higher-timeframe EMA support zone.
After a strong impulsive move,
$ACT has entered a consolidation phase, forming a corrective channel / flag near the highs.
The upper boundary of the structure is acting as short-term resistance, while the lower boundary and the EMA cluster continue to provide dynamic support.
As long as price holds above the key support zone, the structure favors continuation after the correction rather than a trend reversal.
💡 Technical scenario
🎯 Entry zone: 0.040 – 0.0415
🎯 Targets: 0.0445 → 0.0470 → 0.0498
⛔️ Stop-loss: below 0.0378
#ACT #ACTUSDT