BOOM! Massive Long Liquidation Hits $ACT — $6.02K Wiped Out at $0.0737!
The market just shook off weak hands as a $6K Long Liquidation slammed $ACT down to $0.0737. Is this a trap… or the ultimate dip opportunity?
Let’s break it down:
ACT Analysis - What's Cooking?
Symbol: ACT (Achain)
Current Vibe: Post-liquidation shakeout
Liquidation Price: $0.0737
Sentiment: High-risk, high-reward zone
Buy Zone (Accumulation Range):
Zone: $0.0710 - $0.0735
Heavy support seen around this range from past reactions
Smart money may be lurking here post-liquidation
Target Levels:
1. Target 1: $0.0780 (Quick bounce)
2. Target 2: $0.0835 (Previous resistance zone)
3. Target 3: $0.0900 (If momentum sustains)
4. Moon Shot: $0.0975 (Only if BTC supports and hype kicks in)
Stop Loss:
Safe SL: Below $0.0700
(If price breaks this, downside risk increases sharply)
Unique Take (Thrilling Insight):
This isn’t just a dip — it’s a liquidation flush. The market just cleared over-leveraged long positions. That’s usually where whales step in. If $ACT holds above $0.0710, it could catapult fast once confidence returns.
Volatility = Opportunity. Eyes on this zone.