🚨 $ADA Short Liquidation Alert! What’s Cooking at $0.88? 🚨
Cardano (ADA) is currently trading around $0.88, and things are heating up! 🔥
📊 What’s Happening?
📉 Short positions are getting squeezed — a sign that many traders bet against ADA, expecting a drop…
But ADA is holding strong above key support, forcing shorts to close positions in loss, fueling a mini-pump!
🧠 Why is This Important?
This short liquidation often acts like rocket fuel for price:
As short sellers are forced to buy back ADA, it pushes the price even higher.
🔍 ADA Technical Snapshot:
💵 Current Price: $0.88
🛡️ Support Zone: $0.85
🚀 Next Resistance: $0.92 – $0.96
🎯 Breakout Target: $1.00+ if bulls hold momentum
🛑 Risk Zone: Watch for rejection below $0.85
📈 What’s Next?
✅ If ADA breaks above $0.92 with strong volume → we could see a quick rally to $1.00 and beyond
❌ But if it loses $0.85 support → it may dip back to $0.78 – $0.80 range
🔮 Final Words:
ADA is entering a make-or-break zone right now.
Watch for volume spikes and key breakouts — this move could be the start of something big… or a trap for late entries.
