$ACT Long Liquidation Shockwave! šØ
A $1,488.4 long position just got liquidated at $0.29334, sending ACT into a tailspin! The bulls are taking a hitāare we headed for more downside, or is this a temporary pullback before another move?
š„ Key Insights:
A liquidation like this could signal weakening bullish sentiment and the potential for further sell-offs.
With $0.29334 breached, traders are now eyeing the next support levelsāwill they hold strong or crack further?
š Market Momentum:
For Bears: The momentum is in your favorāhow low can ACT go?
For Bulls: Is it time to buy the dip, or wait for confirmation of support?
ā”ļø Strategy Shift:
Pay attention to volume spikesāthis could be a turning point for ACT.
Liquidity events like this often precede new market trendsāstay agile!
š¬ What's Your Take? Will ACT bounce back, or is the downtrend just beginning? Share your strategies and thoughts below!