$ADA The liquidation alarm has sounded!

#币安BNSOL质押PYTH

ADA (Cardano) just had $147,000 of short positions at $1.066 wiped out. The market is going to change!

What happened?

The bulls pushed the ADA price up, breaking through the important resistance level, and forced the bears to close their positions.

This liquidation shows that the ADA price is getting stronger and stronger, and traders are rushing up with it.

Several price levels to keep an eye on:

There is a difficult hurdle above: $1.080. If it passes this level, more bears may be unlucky.

There is a support below: $1.050. The bulls must hold this level, otherwise the rally will end.

The final goal: $1.100. If it breaks through, the ADA bull market will be hot again!

Why is this important?

Such a large liquidation shows that the market has changed.

The short position of $147,000 is gone, and now the bullish momentum in the market is strong!

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