$ACT Long Liquidation Alert

A significant liquidation of $5.9549K occurred at $0.3583.

Here's an analysis and potential next steps:

Current Price Analysis

Price Level: $0.3583

Trend: Bearish pressure due to liquidation.

Buy Zone

Recommended Entry: $0.3450 - $0.3500

Reason: Key support zone identified; potential for bounce-back if buying interest emerges.

Targets

Target 1: $0.3700

Target 2: $0.3850

Target 3: $0.4000 (strong resistance zone)

Stop Loss

Suggested Level: $0.3350

Reason: If price breaks below, further downside risk is possible.

Next Steps

1. Monitor volume and price action closely around the $0.3450 support zone.

2. Avoid over-leveraging; wait for confirmation before entering trades.

3. If price holds above $0.3500 with increasing volume, it could signal a reversal.

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