$ADA Long Liquidation Alert!

A $10,033 liquidation occurred at $1.13115 for Cardano (ADA) longs,

showing intense selling pressure. Bulls couldn’t hold key levels, leading to this significant liquidation.

What This Signals:

1. Bearish Momentum: Sellers are controlling the market, pushing prices downward.

2. Weak Support: Long liquidations highlight reduced confidence from buyers.

Key Levels to Watch:

Support: $1.10 - A break below could lead to further declines.

Resistance: $1.15 - Bulls need to reclaim this level to reverse momentum.

Next Steps:

1. Traders: Consider short opportunities if ADA struggles to recover resistance.

2. Investors: Wait for signs of stability and broader market recovery before making decisions.

3. Risk Tip: Use stop-loss orders to manage risk in this volatile environment.

ADA’s current trend suggests more volatility ahead—watch closely!

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