Short Squeeze Alert!
$ACT smashes bears!
A $59.3K short position just got obliterated at $0.606 as bulls flex their muscles!
What’s the story?
$ACT caught traders betting against it off guard, triggering a cascade of liquidations.
Shorts underestimated the bullish surge, and the market showed no mercy.
Why does this matter?
Momentum Shift?
This liquidation could signal the start of a bullish rally as shorts scramble to cover their positions.
Whale Activity?
Big moves like this often suggest whales might be driving the price higher to hunt liquidity.
The Big Question:
Will $ACT maintain this bullish pressure, or will bears regroup for a counterattack?
Key Levels to Watch:
Resistance: $0.650 | Support: $0.590
Never underestimate the power of the squeeze!
Stay vigilant!
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