🟢 $ADA Shorts CRUSHED — $70K Liquidated at $0.700!
BAM! Shorts just got obliterated.
A massive $70,000 worth of short positions on $ADA were liquidated at $0.700, and the market just exploded with energy!
What happened?
$ADA Traders who were betting against ADA got caught in a short squeeze. As price surged through their stop-loss levels, massive forced buy orders flooded in, sending the price even higher.
Why this matters:
Liquidation volume of this size fuels more bullish momentum.
As shorts cover, the buying pressure increases, often leading to further upside.
This could be the start of a major short squeeze or a bullish breakout.
Market Pulse:
Explosive. Tense. Ready to Pop.
The tables have turned, and the bears are on the run.
Traders are now watching closely for the next big move.
Key Levels to Watch:
Immediate Target: $0.715 – $0.725 (resistance from previous highs)
Support Zone: $0.690 – $0.700 (liquidation level now acting as support)
Bullish Confirmation: A breakout above $0.725 could send us towards $0.750 and beyond.
Final Thought:
Shorts have been squeezed and the bulls are charging. Don’t be surprised if this surge carries ADA higher in the coming hours.
This is the moment to watch. Will it continue to rally, or will the bears fight back?
CoinCrafters — Momentum is everything. Keep your eyes on the prize.