Market Alert: $144K $ADA Shorts Liquidated at $1.015

Cardano (ADA) has made a powerful move past the $1.015 mark, triggering $144,000 worth of short liquidations.

This breakout highlights rising bullish sentiment as ADA continues its climb, leaving short-sellers scrambling to cover losses.

Key Takeaways:

Liquidation Details:

The $1.015 level proved critical, with intensified buy pressure forcing a wave of short positions to liquidate.

Bullish Momentum:

$ADA strong performance reflects growing investor confidence, signaling a potential shift in market dynamics.

Future Outlook:

With shorts cleared, $ADA could see continued upside if it holds above $1.015. However, resistance at higher levels may test the strength of this rally.

Cardano is reclaiming ground—can it sustain the momentum and solidify its position above $1?

Stay cautious and monitor key levels closely.

#GDPSteadyPCE2.1Down

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