$ADA Short Liquidation — $12.444K at $0.4198
Short sellers were liquidated as $ADA moved above $0.4198, indicating bearish pressure failed at resistance. Buyers stepped in with strength, forcing shorts to exit and pushing momentum to the upside.
Market Insight
Short liquidations during upward movement show buyer control. If demand stays stable, the price can extend higher as bearish positions are cleared.
Upside Targets
TG1: $0.4325 — minor resistance
TG2: $0.4490 — continuation zone
TG3: $0.4720 — breakout expansion area
Pro Tip
Avoid buying straight into breakout strength. Wait for a pullback holding above new support to enter with better risk control and a safer position.
