$ACT Long Liquidation: Major Movement Unfolds!
An intense liquidation of $1,601.5 at $0.33247 has sent shockwaves through $ACT traders.
This pivotal price point marks a critical juncture, and here's what you need to know:
Key Details:
Liquidation Amount: $1.6015K
Liquidation Price: $0.33247
Market Impact: Signals heightened volatility and increased pressure on leveraged positions.
Next Move:
Support Level to Watch: $0.3200 – A potential zone for buyers to regroup.
Resistance Level: $0.3500 – Bulls must break this to regain momentum.
Stop-Loss Guidance:
For Long Positions: Tighten stop-loss around $0.3150 to limit downside risk.
For Short Positions: Place stop-loss above $0.3550 to secure gains.
Traders, this is the time for decisive action. Stay sharp and manage risk effectively!