$ADA Short Liquidation Alert! 🚀
A hefty $18,817 short position just got obliterated at $1.09928, as Cardano (ADA) powers through resistance levels! 📈🔥
What’s Happening?
Short Squeeze Unleashed: Bears underestimated ADA’s resilience, fueling this dramatic liquidation.
Bullish Catalyst: Renewed optimism around Cardano’s ecosystem upgrades and staking potential has ignited strong buying pressure.
Next Levels to Watch: If ADA breaks above $1.10, a rally toward $1.15–$1.20 could be on the horizon.
Market Context:
This liquidation highlights growing confidence in ADA’s long-term potential as it regains momentum after recent consolidations. Traders are eyeing the $1 mark as a critical psychological support zone for sustained bullish action.
Are you riding ADA’s wave or waiting for a pullback? Drop your strategy below! 💬📊