$ADA Surge: $67.8K Short Liquidation at $1.1901 Ignites Momentum!

A massive $67.8K short position was liquidated at $1.1901, signaling strong bullish action as bears are wiped out.

This sets the stage for further upside if buying pressure continues to build.

Trading Strategy:

1. For Bulls:

If $ADA holds above $1.19, it could target $1.26 and even $1.30.

• Ideal entry zone: $1.18–$1.20, with a stop-loss around $1.15 for risk management.

2. For Bears:

Watch for resistance near $1.25. A rejection here could push $ADA back toward $1.15.

Shorting may be viable on a failed breakout above $1.25, with stops above $1.30.

Key Levels to Monitor:

Support: $1.15, $1.10

Resistance: $1.25, $1.30

ADA is gaining traction—act fast as volatility rises!

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