Breaking News: $ACX Long Liquidation Alert.
ACX Traders Wrecked.
A $2.6856K long position just got liquidated at a critical price of $0.5817. This shows that the bears are dominating, pushing the market lower and shaking out leveraged longs.
What does this mean.
This liquidation could trigger a domino effect as stop-losses and over-leveraged positions get wiped out, creating an opportunity for savvy traders to re-enter at key levels.
Key Levels to Watch:
Support Zone: If $0.58171 doesn't hold, look for support around $0.55–$0.56.
Resistance Zone: Bulls need to reclaim $0.60–$0.62 to regain momentum.
Caution Ahead:
Liquidations like these highlight the volatility of $ACX . Stay vigilant, trade wisely, and manage your leverage carefully.
Current Market Sentiment:
Bearish bias with a possibility of a rebound if buyers step in at lower levels.
What’s your next move.
Will you buy the dip or wait for confirmation. Let us know in the comments below.
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