$ADA /USDT – Longs Liquidated! Will Support Hold? ⚠️📉
A price dip just triggered $1,199.6 in long liquidations at $0.695!
📉 Liquidation Snapshot:
• Amount: $1.1996K
• Price: $0.695
• Type: Longs
📊 Market Insight:
• Bullish positions wiped as $ADA rejected key resistance
• Momentum shifting cautious—watch for bounce or breakdown
• Eyes on volume and structure near support
📍 Key Levels to Watch:
• Resistance: $0.705 – $0.720
• Support: $0.688 – $0.672
⚙️ Trade Setup:
• Potential Re-entry Zone: $0.688 – $0.692
• TP1: $0.705
• TP2: $0.720
• Stop Loss: $0.670
Pro Tip: After a long liquidation, don’t rush in—let the chart reclaim support or show strength before considering longs!