Cardano Bulls Take Charge!

A $63.1K short position was liquidated at $1.075, signaling a wave of bullish momentum for $ADA . This event reflects growing buyer interest as bears retreat, paving the way for potential gains.

Market Analysis:

Short liquidations often fuel upward movement, and $ADA is showing strength around key levels.

Buyers are likely targeting higher resistance zones, with momentum building steadily.

What’s Next for $ADA ?

• Upside Potential: A break above $1.085 could push the price toward $1.10.

• Downside Risk: If ADA retraces, $1.065 might provide a strong support area for another rebound.

Actionable Trading Tips:

• For bulls: Consider buying pullbacks near $1.070-$1.075, aiming for targets at $1.085 and beyond.

• For bears: Short positions only make sense if price faces rejection near $1.085-$1.09.

ADA is heating up—stay ready to capitalize on the action!

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