$ADA experienced a short liquidation at $0.38212, confirming that bears lost control at a critical support level. Sellers were positioned for continuation lower, but price held firm and forced shorts out, shifting short-term momentum.
EP: $0.378 – $0.383
TP: $0.402 → $0.432 → $0.470
SL: $0.362
After the liquidation sweep, price stabilized above support instead of retracing, which is a constructive sign. Market structure is improving with higher lows forming, and momentum is gradually rotating bullish. Upside liquidity remains open, and continuation is favored as long as price holds above the stop.
ADA
0.3786
+4.04%