$ACT Coin Long Liquidation Alert

📉 Long Liquidation of $273K occurred at a crucial price point of $0.302.

A massive liquidation of $273K in long positions has struck as ACT’s price fell sharply below the key support level. This sharp move reflects significant market volatility, wiping out traders who were holding optimistic positions.

💥 What’s Happening with #ACT

The $0.302 level has been broken, triggering a flood of liquidations.

The market sentiment is shifting rapidly, with strong selling pressure taking over the price action.

🔎 Risk Considerations:

Downside risk remains high if the selling pressure continues to dominate.

Watch for potential support zones below $0.30 that may offer a chance for stabilization or further decline.

⚠️ Potential Upside/Downside:

Upside: Any rebound could test the $0.31 level, but resistance will be significant.

Downside: If the bearish momentum persists, ACT could see further drops, with $0.28 as a potential target.

⏳ Key Takeaway:

The liquidation of $273K highlights just how swiftly the market can shift, leaving traders exposed to unexpected volatility. ACT is at a critical level, and traders should stay alert to potential support or further losses. Risk management is crucial for navigating such wild market swings.

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