BOOM! Cardano ($ADA ) Just Crushed the Shorts!
A massive $1.91K in SHORT LIQUIDATIONS just got blasted at $0.7936 — the bears didn’t see it coming!
Is $ADA waking up for a mega move?
Here’s the Full Technical Breakdown:
Current Price Action:
Shorts liquidated: $1.91K at $0.7936
This shows strong buy-side pressure — bulls are stepping in with force!
Buy Zone (Support):
$0.7550 – $0.7800 — Ideal entry zone if price retests. Strong demand seen here.
This zone is now protected by liquidation traps.
Upside Targets:
1. Target 1: $0.8200 – Testing immediate resistance
2. Target 2: $0.8650 – Breakout level, eyes on this for FOMO
3. Target 3: $0.9200 – Liquidity magnet zone!
Stop Loss:
Below $0.7400 — Break of this level could signal trend invalidation. Protect your capital!
Why This Matters:
Short liquidations mean sellers are getting squeezed — this often leads to explosive upside moves. ADA is showing strength while the rest of the market is uncertain. When the crowd panics, smart money positions!
Watch closely:
If $ADA flips $0.8000 into support, it could ignite a run toward $0.8650+ very fast!
Sentiment Score: Bullish
Momentum: Building
Risk Level: Medium – Use proper stop loss
