$ACT
Short Liquidation: $2.0334K at $0.4271
#ACT has just triggered a short liquidation of $2.0334K at $0.4271, which could ignite bullish momentum as shorts are forced to cover. This event presents an opportunity for potential upside as market sentiment shifts.
📈 Current Price Action: ACT is holding steady at $0.4271, and with shorts exiting, we might see the price surge toward $0.43 or higher. If buying pressure persists, we could test the next resistance around $0.45.
⚡ Volume Surge: A spike in volume would confirm that the bulls are stepping in. If volume continues to rise, expect further upward movement, potentially pushing ACT toward the $0.45 resistance level.
💡 Risk Management: Watch for support near $0.42. If the price dips below this level, a pullback could follow. Ensure you set stops accordingly to protect against sudden price shifts.
Upside Potential: If ACT holds above $0.4271 and breaks through $0.43, we could see a rally toward $0.45. Continued bullish momentum could push ACT to even higher levels.
With shorts under pressure, the market could move quickly—stay sharp and be ready to adjust your position!