$ACT is currently exhibiting a bearish outlook. A cautious short position is favored, though monitoring for a potential bounce if the asset becomes oversold is advised. 📉

Recent 4-hour candlesticks show significant downside volume, with increased activity during price drops, indicating strong selling pressure. The substantial 24-hour volume of 1.038B further supports this bearish sentiment. 📊

Capital flows reflect this weakness. Futures contracts recorded considerable net outflows: -2.046M stablecoin in the last 24 hours and -8.201M stablecoin over three days. Spot markets also experienced an outflow of -1.064M stablecoin in the past day. Minor short-term inflows (e.g., 460K stablecoin in the last hour on contracts) are insufficient to counter the prevailing selling pressure. 💰

**Entry Strategy:**

For a short position on $ACT, consider entering on a retrace towards the Resistance level at 0.03186. Confirm entry with a strong rejection signal, such as a pin bar or engulfing candle.

Alternatively, for a scalp long on $ACT, entry is advisable only if the price holds above the Support level at 0.02778, accompanied by bullish signals like a hammer candlestick and increased volume. Be aware that this counter-trend approach carries higher risk. ⚠️

**SL (Stop-Loss):**
* For shorts (Entry near 0.03186): 0.0329
* For longs (Entry near 0.02800): 0.02690

**TP (Take-Profit):**
* Shorts: Target Support level at 0.02627
* Longs: Aim for Resistance level at 0.03186 (intended as a quick scalp exit). 🎯

$ACTUSDT #ACT #ACTUSDT #ActITheAIProphecy