Here’s a clean breakdown for that short liquidation alert:
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🟢 #ADA Short Liquidation
Amount: $9.6183K
Price: $0.4146
Analysis:
A significant short position was liquidated, signaling strong upward pressure on ADA.
Likely caused by a short squeeze, where bears were forced to cover positions.
Sudden buying demand could push price higher in the short term.
Key Levels:
Support: $0.4120 – $0.4130 (previous lows)
Resistance: $0.4180 – $0.4200 (recent highs)
Trend: Bullish in the short term due to liquidation momentum.
Trade Idea:
If ADA holds above $0.4145, momentum could continue toward $0.418–$0.420.
If it falls below $0.414, some consolidation or retracement is possible.
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If you want, I can also make a short, punchy X/Twitter-style version of this for posting. Do you want me to do that?
#BinanceBlockchainWeek #BinanceBlockchainWeek #CPIWatch #CPIWatch #CPIWatch
