ACT/USDT Descending Trendline: Reversal or Fakeout?
On the 2D timeframe, ACT/USDT is still in a clear mid-to-long-term downtrend, characterized by consistent lower highs and lower lows since the beginning of the decline. The descending trendline acts as a major dynamic resistance, and price is currently testing this area from below. Additionally: Price structure shows a consolidation phase near the lows (base…
