Short Liquidation Alert on $ADA
$6.66K in short positions just got wiped out at $0.94062! Sellers got squeezed, and bulls might be gaining momentum.
What’s next?
If buying pressure continues, $ADA could push toward $0.98-$1.00, testing major resistance.
If momentum fades, a pullback to $0.92-$0.90 could offer new buying opportunities.
Key Levels to Watch $ADA :
Resistance: $0.98-$1.00 – A breakout could trigger more short squeezes.
Support: $0.92-$0.90 – Bulls need to defend this zone for a strong rebound.
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