Massive Short Liquidation Alert in $ACT

$ACT just saw a HUGE short liquidation event of $8.2687K at a price of $1.1163.

This signals extreme volatility as shorts are getting wiped out. If you're watching this token closely, now is the time to buckle up! Market players who bet against $ACT are feeling the heat, and it could lead to a short squeeze with potential price surges!

Key Stats:

Total Short Liquidation: $8.2687K

Price Trigger: $0.36295

Impact: Short liquidations like these could drive the price up as short sellers scramble to close their positions.

What’s Next.

A surge in buying momentum could follow as shorts scramble to cover their positions.

Keep an eye on potential buy zones and watch for price action around this level.

A strong breakout could lead to a rally, but volatility is high, so stay prepared!

Strategy:

Buy Zone: If you see the price holding strong above $0.36295, this could be a good entry point for potential upside.

Target: Look for a short-term target around $0.400 if momentum continues.

Stop-Loss: Protect your position by setting a stop-loss just below $0.35 to avoid being caught in a pullback.

Short Liquidation Data: Liquidations like this can cause significant price swings in either direction. Be ready to manage your positions carefully.

Stay vigilant and keep your risk management tight.

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