$ACT Long Liquidation Alert.

Massive Long Liquidation on $ACT.

A significant long liquidation has just occurred at $0.32175, with a staggering $1.0049K worth of positions getting liquidated. This sharp move is sending ripples through the market, and traders are feeling the heat.

Here's the breakdown:

Liquidation Value: $1.0049K

Price Level: $0.32178

Market Reaction: Bearish pressure taking over as longs get squeezed out of their positions.

This move indicates intense volatility in the $ACT market, with liquidation levels pointing to potential opportunities for both bears and bulls. Be cautious, as more liquidations could follow, triggering further price movements.

🔮 What’s Next.

Bearish Sentiment: The market might continue its downward trajectory if more long positions are squeezed.

Potential Buy Zones: Watch for a reversal near the $0.30 - $0.31 range if the price stabilizes.

Targets: Keep an eye on further support around $0.28 for potential entries.

Stop-Loss Levels: Consider placing stop-loss orders around $0.33 to avoid further downside risk.

Stay sharp and trade wisely.

This post captures the excitement of the situation and provides critical information for any trader monitoring $ACT

#ACT #BinanceAlphaAlert #BTCXmasOrDip? #SolvProtocolMegadrop #BTCMiningPeak

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