I find that many people are confused about the future of $ACT.
Let me explain what is going on. You can check solschain for what I say.
Let's take a look at the data we have now. We found that there are more wallets selling than buying, but the wallets buying bought more#ACTthan selling. This is very exciting, so we are in an obvious accumulation phase these days, and the price is between $0.6 and $0.7.
Think about it, the wallets buying buy more, even though there are more wallets selling, but this shows that there are powerful (that is, smart) wallets or funds quietly investing. They are picking up bargains at low prices. According to common sense and historical experience, we are unlikely to encounter a big drop or crash.
Besides, since $ACT was listed on Binance, there are more and more new investors every day. So, we see that the price of the token is quite stable within this range.
Binance fluctuates back and forth within this range, trying to clear all the short positions and trigger stop loss. Why? Because the number of transactions will go up, and then more people will have to pay a little tip.
When can this upward trend be broken? It is a matter of time, and it may happen at any time. Don't underestimate this token, and short selling should be avoided.
If you always miss the point and don't know how to operate, you have to meet one condition to keep up with the learning: you have to be strong in action, do it as soon as you say, like + leave a message, I will help you make a lot of money!