$ADA Recently, a $35.754K short liquidation occurred at $0.89385, signaling that sellers were caught off guard as the price rose sharply. Such liquidations often indicate a reversal or an impending bullish momentum in the market.

What’s Next for ADA.

To predict ADA's next move, let’s analyze key levels:

1. Support Zone (Buy Zone):

$0.8300 to $0.8700

This range has strong buyer interest, and any dip into this zone could be a good opportunity to accumulate.

2. Resistance Levels (Targets):

First Target: $0.9500

Second Target: $1.0200

If the bullish momentum continues, these levels can act as profit-taking zones.

3. Stop-Loss Level:

Set your stop-loss at $0.8100, just below the support zone, to minimize risk in case of unexpected market reversals.

Key Insights for Traders:

The short liquidation suggests potential bullish strength.

Watch for volume increases near the buy zone for confirmation of upward momentum.

Be cautious of broader market trends as external factors like BTC movements can influence ADA's price.

Risk Management Tip:

Only invest what you can afford to lose and avoid over-leveraging. Monitoring ADA’s price action near key levels is essential for safe trading.

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