$ACT Big Money Move! A short liquidation of $7.026K just hit at $0.3635 for $ACT !
The bears are stepping back, and the bulls might take charge.
Is this the start of a big rally? Stay ready!"
Important Details:
1. Short Liquidation: Sellers betting on lower prices were forced out, signaling potential bullish momentum.
2. Key Price Level: $0.3635 is now a critical level to watch closely.
3. Market Sentiment: Bulls appear to be gaining control, pushing prices higher.
Next Move:
If Bullish (Price Rising): Look to buy if the price breaks above the resistance level and sustains it.
If Bearish (Price Falling): Consider selling if the price drops below the support level with strong selling pressure.
Support and Resistance Levels:
Support: $0.3500 (watch for a bounce if the price dips here).
Resistance: $0.3700 (a key level that must break for further upward momentum).
Final Suggestion:
Buy if the price breaks and holds above $0.3700 with strong momentum.
Sell if it struggles to stay above $0.3635 and falls toward $0.3500.
Set stop-loss orders to minimize risks and stick to your trading strategy!
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