$ADA Short Squeeze: $1.14K Triggered at $0.8181 – Momentum Shifting Upward?
A quick $1.14K in short positions just got squeezed out at $0.8181, as price surged through resistance. This move could build bullish momentum if follow-through volume kicks in.
📈 TRADE SETUP – Momentum Play:
• Entry Zone: $0.815 – $0.820 (on retest or continuation setup)
• 🎯 TP1: $0.835
• 🎯 TP2: $0.855
• 🎯 TP3: $0.880
• 🛑 SL: Below $0.802 (beneath breakout structure)
Market Insight:
This short squeeze signals bulls overpowering sellers—especially strong if price holds above $0.820.
Watch volume closely—rising buy-side interest could fuel the next leg.
Pro Tip:
Look for a 15m close above $0.825 with a solid bullish candle or a flag breakout to confirm strength.
$ADA just cleared $1.14K in short pressure—momentum may favor bulls if support holds on the retest.