Trade Update: $ADA Liquidated Long
Position: $110K
Exit: $1.091
A significant liquidation occurred on $ADA at $1.091, signaling potential downward pressure.
This move could lead to a temporary pullback or consolidation, so it's crucial to keep an eye on the market's next move.
Next Steps:
Watch for support around $1.05. If this level holds, there might be an opportunity to buy the dip. However, if it breaks, $1.00 could be the next critical level.
Key Levels to Watch:
Support: $1.05
Resistance: $1.15
Trade Strategy:
consider waiting for a confirmed bounce from support before entering.
Use tight stop losses to protect your capital in case of further decline.
Stay alert and trade smart!
#AIAndGameFiBoom #XRPTrends #NFTIsBack #XRPReclaimsTop3 #ETHOnTheRise