#ADAUpdate
See in Broader Spectrum…
A drop in price to the **$0.691** level could trigger **$14.15 million in long liquidations** if bearish sentiment persists. Conversely, a bullish reversal pushing price above **$0.723** would likely liquidate **$9.51 million in short positions**.
On-chain data and technical indicators suggest bulls are reacting to price movements, with long-position bets significantly outweighing shorts. This imbalance signals growing confidence in **$ADA**’s potential upward trajectory.
Source: Coinglass and Binance$ADA
**Hashtags:** #Cardano #ADA #CryptoLiquidation #TradingSignals