$ACT failed to hold above the recent spike high and is now consolidating below a strong resistance zone.......
The price action shows repeated rejections near the top, weaker bullish follow-through, and distribution behavior on lower timeframes. As long as price stays below resistance, the structure favors a short continuation toward lower support levels.
Trade Setup
Entry Range: 0.0265 – 0.0272
Target 1: 0.0258
Target 2: 0.0248
Target 3: 0.0238
Stop Loss: 0.