$ADA Short Liquidation Alert!
Big market movement! A short liquidation of $9.61K at $0.88295 just happened for ADA (Cardano), suggesting that the bears are losing grip, and we could see a shift towards a bullish trend. Here's how you can position yourself:
Buy Zone:
Look to enter between $0.875 - $0.885. This support range could be crucial if the price holds steady and starts to bounce higher.
Targets:
1. First Target: $0.900 (Immediate resistance level)
2. Second Target: $0.920 (Next key resistance)
3. Final Target: $0.950+ (Major breakout potential if momentum continues)
Stop Loss:
Set your stop loss at $0.860 to manage risk if the market moves against you.
What’s Next?
The ADA market could be on the verge of a bullish move, especially if the price stays above $0.885. If it does, expect a potential rally toward $0.920 and possibly $0.950. However, if the price drops below $0.860, further downside action may follow.
Are you ready to take advantage of this opportunity? Stay focused, manage your risk, and trade smart!
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