$ACT experienced a significant long liquidation of $92.6K at $0.325, indicating a sharp drop in price.
This suggests that traders who were betting on further upward movement were caught off guard as the market moved against them.
$ACT price is likely influenced by broader market conditions, investor sentiment, and possible project-specific news.
Traders should watch for key support levels around $0.30 and monitor if the price stabilizes or continues to fall.
With volatility expected, $ACT could either recover or face further downside depending on market trends.