$ACT Short Liquidation Alert: $10.232K at $0.29113 🚨
Big moves are happening in the market! Right now, $ACT has been liquidated short at a huge level of $10.232K, with the price currently sitting at $0.29113.
This presents a powerful opportunity for traders looking to capitalize on this action.
📉 What’s Happening?
A short liquidation means that traders who bet against the price are being forced to cover their positions.
This can cause a rapid price movement in either direction, but right now, it looks like there's potential for the price to rise sharply due to this pressure.
🔑 Buy Zone:
If the price holds above $0.2900, consider entering with a long position.
Ideal entry could be around $0.2900 - $0.2950 for the best risk-to-reward ratio.
🚀 Target:
First target: $0.3200 (resistance zone)
Second target: $0.3500 (stronger resistance)
Monitor closely for any signs of reversal.
❗ Stop Loss:
To protect your trade, place a stop loss around $0.2750 - $0.2800. This keeps risk manageable in case the market moves against you.
🧠 Strategy:
Patience is key. Watch the price action closely for confirmation that the trend is heading upwards.
Stay cautious. Always manage your risk and trade smart!
🔔 Remember: Short liquidations can be volatile. Move with caution and use good risk management!
Happy Trading and stay safe! 🚀💰
Let me know if you need more details!