🚨 $ACT Long Liquidation Alert – Bears Are Taking Over! 🚨
A $5.99K long liquidation just occurred at $0.38958, and it’s a sign that the bulls might be losing control. As long positions get wiped out, we could see $ACT experience downward pressure. Is $ACT heading for a dip? Let’s break it down!
---
What’s Next for $ACT?
A long liquidation means that traders betting on $ACT’s rise have been forced to sell. This could trigger further price drops, but don’t rule out a reversal if buyers start stepping in. Keep an eye on key support levels for potential entries.
---
Suggested Trade Setup (For Educational Purposes Only)
🔷 Buy Zone:
Look for entries between $0.3750 - $0.3850 if the price shows signs of stabilization or a reversal.
🔷 Targets:
Target 1: $0.4000 (first resistance level).
Target 2: $0.4200 (breakout level).
Target 3: $0.4500 (next key resistance zone).
🔷 Stop Loss:
Set your stop-loss below $0.3600 to protect against deeper drops if the downtrend continues.
---
Why This Matters?
Long liquidations often signal a shift in market sentiment. If sellers keep pressuring the market, ACT could see a further decline. But if buyers start to take control, a reversal could be on the horizon.
---
⚠️ Caution:
Always manage your risks and avoid entering prematurely. The crypto market is volatile and can change rapidly.
What’s your strategy on $ACT? Will you wait for a bounce or look for a short opportunity? Let’s make the right call! 🚀
#CryptoReboundStrategy #AIAgentFrenzy #BitcoinTurns16 #BIOOpenonBinance #BinanceAlphaAlert