$ACT Shorts Liquidated!
💰l A $6.2693K short position just got wiped out as ACT surged to $0.55052!
This liquidation suggests buyers are stepping in with strength, forcing shorts to cover. Such movements can act as catalysts for further bullish momentum.
What’s Next for $ACT ?
• Immediate Resistance: $0.555—breaking this could open doors to $0.560+.
• Key Support: $0.545 must hold to maintain the upward bias.
Trend Analysis: Sudden liquidations often lead to heightened activity, so expect volatility.
Suggested Strategy:
Aggressive bulls may consider entries near $0.550 if momentum persists. Bears should watch for a break below $0.545 before taking action.
Manage risks as the trend could shift quickly.
$ACT is on the move—be ready to capitalize on the opportunity!
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