$ADA on the Rise!
A short position worth $50.4K on ADA has just been liquidated at $1.145, signaling strong bullish momentum in the market.
This liquidation suggests mounting buying pressure, possibly fueled by optimistic sentiment or favorable developments within the Cardano ecosystem.
Large short liquidations often act as fuel for further upward movement, as forced buybacks drive prices higher.
Traders should brace for potential volatility as $ADA price gains momentum.
Will this mark the start of a sustained rally for ADA, or will bears regroup?
Stay tuned to the action!