$ADA Short Liquidation Notice
Liquidated Amount: $6,539.5
Liquidation Price: $1.194
Bulls have forced the liquidation of a significant short position, reflecting strong buying pressure near this level. The momentum could build further if key resistance levels are breached.
What’s Next for $ADA ?
• Upside Potential: A breakout above $1.20 could lead to a rally targeting $1.22 or higher.
• Resistance Area: Sellers may emerge around $1.21-$1.22, so watch for signs of hesitation.
• Downside Risk: A drop below $1.18 might indicate weakening bullish momentum and could trigger a pullback.
Monitor price action carefully, and always stick to your trading plan!