A $4.76K SHORT liquidation just triggered at $0.2615, forcing bearish positions to close and easing short-term selling pressure. This type of liquidation often acts as a momentum spark when price holds above the trigger level.
With shorts flushed, $ADA is now trading at a key reaction zone. If buyers maintain control and volume supports the move, $ADA could extend higher from here. Failure to hold may result in brief consolidation before continuation.
Trade Setup
EP: 0.258 – 0.264
TP1: 0.276
TP2: 0.295
TP3: 0.325
SL: 0.249
Short liquidations shift market balance — let price action confirm direction.
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