$ADA Short Squeeze in Action!
🚀 #ADA just crushed $91.3K in short liquidations at $0.851! Bears got caught off guard as buying pressure intensified, triggering forced closures and fueling an upward push. This could be a sign of growing bullish strength!
📊 What’s the Next Move?
ADA's strong momentum suggests further upside if key levels hold. However, if buying volume fades, a short-term pullback could offer better entry points before the next push.
🔎 Key Zones to Watch:
🔹 Immediate Support: $0.835 – A retest here could confirm strength
🔸 Major Resistance: $0.875 – A breakout could open doors for a bigger rally
⚡ Trading Perspective:
Momentum is in the bulls' favor, but caution is key. Look for sustained buying above resistance before considering a breakout trade. If a pullback happens, watch for re-entry opportunities near support.
🔥 Shorts are getting wrecked—don’t
get caught on the wrong side!