$ADA It seems like Cardano (ADA) is experiencing a short liquidation at $0.8726, with $4.7269K liquidated. This indicates that traders holding short positions at this price level were forced to exit due to an upward price move. This may signal the start of bullish momentum. Let's analyze what might happen next and plan trading strategies accordingly.

Analysis and Next Steps.

Current Market Sentiment.

The short liquidation shows that sellers are losing control, and buyers may be stepping in.

Watch for a breakout above resistance levels or strong buying pressure to confirm bullish strength.

If ADA fails to hold above $0.8726, it might retest lower support zones.

Trading Plan.

Buy Zone.

$0.8200 to $0.8500: Ideal accumulation zone if ADA dips and finds support here.

Place buy orders gradually within this range to avoid missing opportunities.

Target Levels.

Target 1: $0.9000 (First Resistance Level)

Target 2: $0.9500 (Strong Resistance and Take Profit Zone)

Target 3: $1.0000 (Psychological Resistance)

Stop Loss.

$0.7900: Below this level, bearish momentum might dominate, invalidating the bullish setup.

Tips for Safer Trading.

1. Use Stop Loss Strictly: Always protect your capital in case the price reverses.

2. Watch Volume: A breakout with high volume confirms strong price movement.

3. Follow Trends: If ADA holds above $0.8726, consider adding to your position.

4. News and Sentiment: Track updates related to Cardano's ecosystem as they can impact prices.

Would you like a more detailed technical analysis chart or deeper insights? Let me know.

#ADA/USDT #BinanceAlphaAlert #BTCXmasOrDip? #XmasCryptoMiracles #Crypto2025Trends