$ADA Whales Shaken: $66.5K Long Liquidated at $0.765 — Volatility Incoming!
Cardano ($ADA/USDT) just saw a long position worth $66,500 wiped out at $0.765, throwing traders into alert mode as bulls fail to hold critical levels.
📊 Current Price: $0.758
🔼 24H High: $0.782
🔽 24H Low: $0.742
After teasing a breakout above $0.77, ADA slipped hard, triggering liquidations and exposing weak long hands. The market is now hunting for stability—is this the dip to buy or the start of a deeper slide?
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📉 Technical Breakdown
Resistance: $0.775 – $0.782 (strong supply zone)
Support: $0.745 – $0.735 (critical demand zone)
Trend: Turning bearish in the short term
Volume: Spiking during drops—bearish pressure building
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💰 Trade Ideas
🔻 Short Setup (Bearish Rejection at Resistance):
Entry: $0.770
Target 1: $0.750
Target 2: $0.735
Stop Loss: $0.785
🔼 Long Setup (Bounce from Support):
Entry: $0.743
Target 1: $0.765
Target 2: $0.780
Stop Loss: $0.735
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🧠 Pro Tip:
Liquidation spikes often signal key reversal or continuation points. Keep an eye on volume—a bounce on high volume could spark a recovery rally.
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📢 What’s your strategy for ADA right now?
💬 Comment below—are you catching the dip or riding the breakdown?
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