$ACT
Short Liquidation Alert: $2.5385K at $0.29953!
The #ACT bulls have turned the tables, forcing short sellers to liquidate positions worth $2.5385K at $0.29953. This breakout signals renewed strength, with momentum shifting in favor of buyers.
📊 Market Insights:
Current Price: $0.29953
Trend: Bullish surge as resistance levels are breached, triggering short squeezes.
Volume: Escalating rapidly, hinting at strong buyer participation.
Price Targets:
Upside Potential: A rally toward $0.32 is plausible, with $0.35 as a stretch target if momentum persists.
Downside Risk: A retrace to $0.29 could occur if the buying pressure subsides.
🔥 Trading Strategy:
For Bulls: Capitalize on the momentum but secure gains with trailing stops below $0.29.
For Bears: Exercise patience; a reversal or exhaustion near $0.32 may provide re-entry opportunities.
The #ACT market is alive with bullish energy—stay alert and ride the wave!
