One who had chosed the trade would be enjoying 🚀

📉 ACT/USDT – 1H Technical Analysis & Trade Setup
🎯 Primary Trade Setup (Trend-Following)
Bias: Bearish
Strategy: Sell the rally
Sell Zone: 0.0328 – 0.0335
Stop-Loss: 0.0352
Targets:
🎯 TP1: 0.0312
🎯 TP2: 0.0300
🎯 TP3: 0.0288 (extension)
This setup aligns with the prevailing downtrend and resistance near the moving averages.
📊 Technical Breakdown (1H Timeframe)
Market Structure: Lower highs & lower lows → confirmed downtrend
Moving Averages: Price trading below MA(5), MA(10), and MA(50)
MA50 (~0.035) acting as strong dynamic resistance
RSI: ~35
Near oversold, but no confirmed bullish divergence yet
Volume: Declining
Indicates weak buying interest and absence of accumulation
🔑 Key Levels to Watch
Support: 0.0312 → 0.0300
Resistance: 0.0330 → 0.0350
A breakdown below 0.0310 may accelerate downside momentum, while any bounce toward resistance is likely corrective unless volume expands.
🧠 Market Insight
Current price action suggests distribution followed by markdown. Until ACT reclaims and holds above 0.035 with volume, rallies are more likely to be sold than sustained.
$ACT
#DYOR because mene coins have always great volatility so be cautious.