Market Thrill Alert: $ACX Short Liquidation at $0.5898.

The market just delivered a high-voltage move.

A massive $1.6007K worth of short positions in got liquidated at the price level of $0.58989, sending shockwaves through the trading community.

What does this mean.

This liquidation is a sign that bearish traders underestimated the strength of $ACX’s upward momentum. With shorts getting squeezed, the price could potentially find new upward energy as sellers are forced to cover their positions.

What’s next for $ACX

Key Resistance: Watch out for the next major hurdle at $0.62-$0.65. If bulls sustain the momentum, we could see a breakout!

Support Levels: Look for stability near $0.58. If this level holds, it could act as a launchpad for further gains.

Strategy Check:

1. For Bulls: A breakout above $0.59 could open the gates for a run towards $0.65 or beyond.

2. For Bears: A close below $0.58 might reintroduce bearish sentiment, but tread cautiously as the momentum is on the bulls' side!

Stay sharp, traders.

The battle between bulls and bears is heating up, and $ACX could be the next big mover in the market.

What’s your game plan.

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