$ACT Long Liquidation Alert
Liquidation Breakdown:
A significant $55,100 in long positions was liquidated as $ACT dropped to $0.354. Bulls faced a sharp setback as the price slipped below critical levels, triggering a cascade of liquidations.
📉 Momentum Analysis:
Bearish Pressure: The market appears to be dominated by sellers, with longs forced to exit.
Support Breakdown: The breach of $0.355 signals weakness, and $0.350 could be the next key level to watch.
Trading Insights:
Downside Risk: A continuation of this move might open the door to lower levels.
Recovery Signal: If $ACT manages to climb back above $0.355, it could spark a temporary rebound.
This liquidation reflects heightened volatility—stay alert for the next move, whether it’s a sharp bounce or further downside!
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