$ADA Bulls Dominate!

A $187K short position just got liquidated as Cardano (#ADA ) reached $1.112!

This liquidation highlights strong buying momentum, likely fueled by renewed interest in ADA. Such movements often indicate the potential for further price action in either direction.

What’s Next for $ADA ?

Key Resistance: If ADA breaks and sustains above $1.12, it could aim for $1.15 next.

Crucial Support: $1.10 is the level to watch—failure to hold here might invite a pullback.

Market Context: Check volume and sentiment; increased activity often confirms trends.

Action Plan:

For bullish traders, consider buying dips near $1.11 if momentum stays intact. Bears should remain cautious and only act if ADA drops below $1.10.

Volatility is expected—be ready for quick moves!

$ADA is showing resilience—stay alert and seize the opportunities!

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