$ACT Massive Liquidation Alert.
Token: $ACT
Long Liquidation: $3.1662K liquidated.
Price Level: $0.2639.
A dramatic shakeout just rocked the market as $ACT hit $0.26433, triggering a whopping $3.1662K in long liquidations.
This could signal a shift in market sentiment or an aggressive move by whales to liquidate over-leveraged positions.
Market Insight:
Why it Happened:
A surge in selling pressure or aggressive shorting likely caused the price drop, hunting for liquidation points.
Impact: Long positions wiped out, leaving the bulls stunned.
What’s Next.
Potential Support Level: Keep an eye on $0.2600-$0.2550, as buyers might step in here.
Resistance Ahead: Bulls will need to reclaim $0.2700-$0.2750 to regain momentum.
Pro Tip:
High liquidations often signal opportunities for sharp rebounds. Stay cautious but alert for possible trend reversals.
Are you ready to take on this volatile market? Keep your strategies tight and your eyes on the charts.
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