🚨 $ACT Short Liquidation Alert! 🚨

💥 Details:

Liquidation Amount: $8,058.3

Liquidation Price: $0.42959

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📉 What Happened?

A massive short position in $ACT was liquidated at $0.42959, causing some turbulence in the market. The price is now at a critical level. Will it bounce higher or continue to fall? Let’s take a closer look at what you should do next!

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📊 Buy Zone:

$0.420 - $0.430 (Look for price stability or a bounce in this range before entering the market)

🎯 Targets:

1. Target 1: $0.460

2. Target 2: $0.480

3. Target 3: $0.500

🛑 Stop Loss:

$0.400 (Exit if the price dips below this level to minimize risk)

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💡 Trading Strategy for $ACT:

1. Wait for Confirmation: Don't rush into the trade. Wait for a solid price action signal, like a bounce or increased volume, before entering the market.

2. Take Profits Gradually: Secure profits at each target level, and raise your stop loss to lock in gains as the price rises.

3. Risk Management: Stick to your stop loss to avoid larger losses if the market moves against you.

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⚠️ Potential Scenarios:

Bullish Case: If holds the $0.420-$0.430 range, it could rise to $0.460 and potentially test $0.500.

Bearish Case: If $0.420 breaks, expect a drop to $0.390 or lower, where fresh support may step in.

🚀 Stay Alert: $ACT is in a volatile phase. Be ready for quick moves and make sure to trade smartly by managing risk and following your plan!

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