$ADA Short Liquidation Alert:
Bulls Take Charge!
A significant $50.6K short position has just been liquidated at $1.010, signaling strong upward momentum for Cardano ($ADA).
This liquidation highlights growing confidence among buyers as $ADA pushes past key resistance levels, leaving short sellers exposed.
As $ADA reclaims ground above the $1 mark, traders are closely watching for a potential continuation of this bullish breakout.
Could this be the beginning of a sustained rally, or will bears attempt to regain control?
Pro Insight:
Sudden short liquidations can fuel upward momentum, but resistance zones ahead could test bullish conviction.
Trade smart!
Where do you see ADA heading next?
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