Binance ACTUSDT 1h Trend Prediction

According to the candlestick chart, there was a rapid decline and vigorous volume increase earlier. Currently, the price has entered a high-level oscillation correction zone, with short-term fluctuations narrowing. Bollinger Bands data: percent_b is at 0.85, with the price operating near the upper band. However, the Bollinger bands are narrow with limited opening, showing no clear signs of a trend breaking out. The RSI is in an obvious overbought state. Combined with a slight bullish crossover in the MACD, it indicates that the momentum is waning after the rebound, with short-term upward movement weakening and some support below, mainly oscillating and correcting. The large trader long-short ratio and account number ratio both lean toward the buy side. After a sharp volume increase, there may be profit-taking pressure among longs, making it difficult for the price to break through resistance zones to reach new short-term highs. ATR, volatility, and other data are normal. The ADX is slightly low at 19.98, indicating that the main trend is not strong, and there is a high probability of testing both upward and downward within the short-term range. Operational suggestion: Avoid chasing highs and selling lows. Patiently wait for the price to approach the support zone around 0.0222-0.0220 to observe a rebound, or look for a short opportunity if the price encounters resistance at 0.0233. Overall, it is expected that within the next hour, the price will oscillate repeatedly within the 0.0219-0.0233 range. The market lacks a clear direction, so adopt a range-bound trading approach with a light position.