$ACT Doubled in a single day, MEME sentiment is fully charged

ACT experienced an extreme short-term trend, doubling intraday, with a single-day gain of nearly 80%, 24-hour trading volume exceeding 178 million, and popularity directly entering the top ten of the platform.

The coin price had been declining in the early stage, and after bottoming near 0.0072, speculative funds entered in a concentrated manner. A big bullish candle directly broke through all short-term moving averages, instantly reversing the downtrend.

However, the market has already shown very obvious overheating signals.
The RSI indicator surged above 84, entering the severely overbought zone. After the surge, there was an immediate rapid pullback of more than ten points, and profit-taking at high levels has begun to take profits in batches.

This newly listed MEME coin has no fundamental support itself, and its price movement is entirely driven by capital relay.
Once trading volume shrinks rapidly, it will be difficult to maintain the current gains, and a pullback after a surge will become a high-probability event.