$ADA Emerging Liquidation Alert!

$ADA (Cardano) just saw a massive $147K short position liquidated at $1.066, marking a significant shift in market dynamics!

What’s Happening?

The bulls are driving $ADA higher, pushing through key resistance levels and forcing short positions to unwind.

This liquidation event underscores growing momentum in ADA’s price action, with traders piling into the rally.

Key Levels to Watch:

Immediate Resistance: $1.080 — A breakout here could spark another wave of liquidations.

Support Zone: $1.050 — Bulls need to defend this to sustain upward momentum.

Critical Target: $1.100 — If breached, it signals the next leg of ADA’s bullish run.

Why It Matters:

Liquidations of this size often indicate a major market shift.

With $147K in shorts wiped out, it’s clear that sentiment is favoring the bulls for now.

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