$ACT Short Liquidation: $280K at $0.636
$280K Short Liquidated at $0.636 – A huge move in the $ACT market!
Short sellers took a hit as the price pushed past their positions.
Next Steps:
• Support Level: Watch for a retest around $0.636.
If it holds, it could be a solid entry point for long trades.
• Resistance: Watch $0.70 for a breakout.
• Action:
Consider waiting for a clear bounce at $0.636 or a breakout above $0.70 before making any moves.
Always manage your risk!
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