$ACT Short Liquidation: $280K Triggered at $0.636!
The market has just witnessed a major $280K short liquidation as $ACT surged to $0.636, catching many traders off guard.
This dramatic price action highlights the fierce volatility of the market and the power of momentum in triggering massive liquidations.
Key Details:
Short Liquidation Amount: $280,000
Current Price: $0.636 (as of now)
Market Reaction: A massive squeeze as short positions were forced to close, fueling even more upward pressure on $ACT.
This liquidation represents a significant shake-up in the market, as the $ACT token overcomes critical resistance levels and pushes higher.
The short squeeze is a reminder of how quickly positions can unwind when market sentiment shifts unexpectedly.
Traders are now closely watching to see if ACT can maintain its bullish momentum or if there will be a retracement after this volatile move.
The pressure on shorts is palpable, and it’s clear that market participants are bracing for more action.
Stay alert as the market continues to evolve — the next move could be just around the corner!
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