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$ADA — Bears are getting squeezed at resistance.
Long $ADA
Entry: 0.1800 – 0.1840
SL: 0.1740
TP1: 0.1900
TP2: 0.2050
TP3: 0.2250
A fresh $1.91K short liquidation just hit ADA at $0.1830, forcing bearish traders to cover positions as price pushed higher. The squeeze confirms improving bullish momentum and suggests that sellers are beginning to lose control of the short-term trend.
Price is holding above key support levels and continues to attract buyers on pullbacks. The latest liquidation adds extra buying pressure to the market, often creating the fuel needed for a continuation move as trapped shorts rush to exit their positions.
If ADA maintains the 0.1800–0.1840 support zone and breaks above 0.1900 resistance, momentum could accelerate rapidly toward higher targets. With shorts being squeezed and market sentiment strengthening, the path of least resistance remains to the upside as buyers continue building momentum.