$ADA Market Update

Liquidation Alert:

$58.1K in long positions were liquidated at $0.930, signaling increased selling pressure and a potential shift in market sentiment.

Market Overview:

$ADA has experienced a pullback after the liquidation of long positions. The price is now testing important support levels, and the market's next move will depend on whether these levels hold or if further downside is likely.

Key Levels to Watch:

Resistance: $0.950 – $0.970 (Breaking above this range could signal a potential recovery)
Support: $0.910 – $0.900 (Key support area; a break below this could lead to further declines)

Trade Strategy:

Buy Zone: $0.910 – $0.930 (If price holds support and shows signs of a bounce)
Sell Zone: $0.950 – $0.970 (If price faces resistance and struggles to break higher)
Target: $1.00+ (If bullish momentum resumes and resistance is broken)

Market Sentiment:

$ADA is under pressure following the liquidation event. If support around $0.910 holds, there could be a chance for a rebound. A break below this level may lead to further declines.

Monitor the market closely and adjust your risk strategy accordingly.

#MarketPullback #BitcoinVsTariffs #VVVonBinance #XRPETFIncoming?