Twitter KOL opinion｜$ACT may have a slight decline, AI Meme/Agent is still the strong main line of this cycle

Technical analysis:

Current price: 0.4299 dollars (4-hour chart).

Key support level for callback: 0.618 (0.3744 dollars), if it falls below this level, it may further decline.

Pressure level: 0.5 (0.484 dollars), there is significant resistance in this area.

Trend feature: The price is testing the Fibonacci support area and may form a bottom in the 0.37 dolls-0.38 dollars area in the future.

 

Viewpoint analysis:

ACT may further decline slightly to around 0.37 dollars, and investors can wait for the price to consolidate at key support levels.

The Fibonacci retracement area indicates that the current price is in a potential consolidation phase, and a new round of rise is expected after breaking through resistance.

 

Market Outlook:

AI Meme and Agent narrative are still strong tracks in the current cycle. As one of them, $ACT is expected to benefit from the subsequent market recovery.

 

See the original text: https://x.com/AltcoinSherpa/status/1861168745030299990

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.