The price of #ADA fell from 0.86 and triggered a series of liquidations of both shorts and longs on its descent. The market has strongly punished those leveraged in both directions.
Currently, the area between 0.685 and 0.695 shows significant accumulation of longs at risk again. The price is halted just as it approaches 0.74, not managing to regain traction for now.
The sequence confirms a typical behavior: liquidate those who enter late, regardless of the direction.
🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square