A massive $ADA long liquidation shook the market today, with
$9.7943K wiped out at the $0.8741 level.
Traders were blindsided as $ADA’s bullish momentum abruptly reversed, sparking a sharp sell-off.
Entry Point: $0.8741
Target: $1.00+ (bullish breakout anticipated)
Stop Loss: $0.85 (key support level)
As $ADA surged towards higher targets, the sudden liquidation caused a sharp market pullback.
Now, the focus is on whether $ADA can recover and push higher or if the bears will take control.
Traders need to stay vigilant as volatility escalates.