$ACT : Long Liquidation Triggers a Key Opportunity!

📊 $7.8817K in longs liquidated at $0.36498, showing bulls losing grip as selling pressure dominates. This could present an opportunity to strategize for either a recovery or continued downside movement.

Key Levels to Watch

Support Zone: $0.350 - $0.365 (crucial bounce area).

Resistance Zone: $0.380 - $0.400 (breakout level).

Potential Targets After Recovery:

1. $0.390 (short-term).

2. $0.425 (medium-term).

3. $0.460 (long-term).

Trading Plan for $ACT

Buy Zone

Dip Entry: $0.355 - $0.365 (if support holds).

Breakout Entry: Add positions above $0.380 with confirmation of a breakout.

Targets

1. Target 1: $0.390

2. Target 2: $0.425

3. Target 3: $0.460

Stop Loss

Stop Loss Level: $0.345 (below support to limit risk).

What’s Next?

1. Bullish Scenario:

If ACT stabilizes above $0.365 and breaks $0.380, a recovery rally toward $0.390 and beyond could follow.

2. Bearish Scenario:

If price drops below $0.345, avoid entering as further downside may develop.

💡 Tips:

Wait for Confirmation: Only enter after clear signs of a reversal or breakout.

Manage Risk: Always use a tight stop loss to safeguard your position.

$ACT may be preparing for its next big move – Stay ready and trade wisely! 🎯

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