$ADA
ADA Short Opportunity 📉 | Current Price: $0.8500
Cardano just got a massive $71M boost from its community treasury to fund development, pushing bullish sentiment high. Whales have scooped up 200M ADA in just two days, open interest has jumped to $1.44B, and funding rates are positive — all signs buyers are hyped. Midnight Network’s NIGHT token airdrop also added fuel to the rally.
But here’s the catch — $0.85–$0.87 is a heavy resistance zone. If ADA fails to break $0.94, a sharp correction could follow as overleveraged longs unwind. Technicals show RSI cooling, and a rejection here could send price sliding fast.
🎯 Short Targets:
T1: $0.8350
T2: $0.8200
T3: $0.8050
T4: $0.7900
⚠️ Plan: Short near $0.85 with stops above $0.94.
Buyers, get ready to cry 😏… you still have time to exit before your profit turns into a big loss.