Short Liquidation Frenzy: $61.9K Wiped Out at $0.559 on $ACT

ACT has delivered yet another high-volatility spectacle, liquidating a massive $61,900 short position at the key level of $0.559.

This decisive move caught bears off guard, as bullish momentum overpowered the market, triggering a cascade of liquidations that fueled the upward surge.

This is a prime example of how aggressive positioning in volatile assets can backfire in an instant.

With strong buy-side pressure and momentum trading in full swing, shorts were forced to close, driving prices higher and creating a ripple effect across the market.

For traders, the lesson is clear: volatility is both an opportunity and a risk.

Effective risk management, disciplined strategies, and staying ahead of market sentiment are essential in navigating these high-stakes environments.

ACT’s explosive action shows no signs of slowing—prepare for more potential waves in the days to come!

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