$ADA is Heating Up!
Shorts Liquidated at $0.8070 — $20.9K Burned!
The bears just took a hit — $ADA surged and wiped out $20.9K in short positions at $0.8070. That’s not just a candle… that’s a warning shot!
Technical Analysis:
Current Price Action:
ADA broke resistance and triggered a short squeeze, fueling bullish momentum. This breakout could be the start of a powerful move up.
Buy Zone:
$0.7820 – $0.8070
(Wait for a pullback or consolidation near these levels before entering.)
Targets:
Target 1: $0.8450
Target 2: $0.8880
Target 3: $0.9380 (Major Resistance Zone)
Stop Loss:
$0.7660
(Below support structure — invalidates the breakout if hit.)
Why this setup matters:
Rising volume on breakout
Strong liquidation wick suggests bear trap
Bullish structure with potential to flip $0.85 into strong support
THRILLING OUTLOOK:
This isn't just a price move — it's a shift in momentum. $ADA could be targeting the $1.00 zone next if bulls maintain control.
Stay sharp. Smart money is already in play.
