ADA Short Liquidation Signals Short Squeeze Near $1
I see that a short on ADA (Cardano) was liquidated, with an average price of $0.99833 and a total exposure of $80,110 executed by the bots at @bpay_group.
This liquidation looks like a short squeeze around the $1 level, producing short-term bullish pressure and likely increasing volatility in the immediate term.
I would watch price action for follow-through above $1 or a quick retracement; avoid chasing leverage and size positions carefully.
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