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$189K ADA Long Liquidated at $0.883 — Short-Term Weakness

I noticed a large $189K long on ADA was liquidated at $0.883. That liquidation indicates short-term selling pressure and possible stop-run activity around that price.

I'm cautious now — I want to see price stabilize above nearby support before considering new long positions, and I'd keep risk tight if holding ADA.

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Analysis

The liquidation points to concentrated leverage and downside pressure around $0.883; failure of nearby support could extend losses, while a quick recovery would suggest the move was a stop-hunt rather...

Recommendation

Watch price and volume around current support, avoid opening large new longs, and use tight stops or reduce exposure until clear stabilization or bullish confirmation.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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