$ADA Liquidated Long: $94.7K at $1.131
Cardano (ADA) just saw a massive liquidation long of $94.7K at the price of $1.131.
The market is reacting strongly, and traders are watching closely for what happens next.
Key Details:
Current Price: $1.131
Liquidation Volume: $94.7K
Price Action: $ADA is showing significant movement and could break into new territory.
Next Move:
Bullish Scenario: If ADA rises above $1.15, it may continue to climb towards $1.20 or higher.
Bearish Scenario: A drop below $1.10 could trigger a decline to $1.05 or lower.
Support Level: $1.10
Resistance Level: $1.15
Buy or Sell?
Buy: If ADA holds above $1.13 and begins moving towards $1.15, it’s a good time to buy.
Sell: If $ADA drops below $1.10, consider selling or staying out until it stabilizes.
