$ACT Long Liquidation Alert!

$4.4237K liquidated at $0.40175!

The market is under pressure, with long positions wiped out. Here's what you need to know:

Key Details:

Price: $0.40175 (liquidation level).

Market Activity: Strong selling momentum pushing prices lower.

Support & Resistance:

Support Level: $0.390

If the price drops here, it might stabilize or see a small bounce.

Resistance Level: $0.420

If the price rises, expect sellers to be active near this level.

What Should You Do?

1. If the price approaches support ($0.390):

You can consider buying, but only if there are signs of recovery (e.g., strong buying volume).

2. If the price moves towards resistance ($0.420):

Be cautious; if rejected, selling pressure could resume.

3. Current Trend:

Bears are in control. Wait for confirmation of trend reversal before taking major positions.

The market can change quickly. Always use stop-loss orders and trade within your risk tolerance.

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