$ACT sees a massive short liquidation worth $9.8648K at the critical price level of $0.3005.

What Happened.

A sharp price move forced short sellers to close their positions, pushing the market into a liquidation frenzy! This liquidation indicates a shift in momentum, suggesting that bears are losing control at this key level.

Key Insights:

Liquidation Level: $0.29672

Liquidation Amount: $9.8648K

Market Sentiment: Bulls might take over if this trend continues!

What's Next?

If $ACT sustains above $0.29672, expect further upside potential.

Watch for resistance near $0.3100, which could become the next breakout level.

Support holds strong near $0.2850; a breakdown below this could bring bears back.

Possible Trade Setup:

Buy Zone: $0.2970–$0.3000

Target Levels: $0.3100, $0.3250

Stop Loss: $0.2850

Stay tuned for more updates, as this could be the turning point for $ACT

Are you ready for the next move.

#ACT #BinanceAlphaAlert #OnChainLendingSurge #AIMarketCapDip #USJoblessClaimsDrop