Cardano Triggers $1M Short Squeeze — Analyst Sees 1,300%+ Upside!
Cardano (ADA) is making moves! The token broke above $0.185**, triggering a **$1.09 million short squeeze that forced bearish traders to cover their positions.
Liquidation Imbalance: A massive 99% liquidation imbalance hit shorts as ADA reversed higher. The next major short liquidation cluster sits at $0.19396**, with another **$1.12 million in shorts waiting to be squeezed.
Bullish Catalyst: Analyst Javon Marks says ADA is repeating the pattern seen before the 2020-2021 bull run and could eventually reach $2.90 — representing over 1,300% upside from current levels.
Key Level: Resistance at $0.185** (now support); next target **$0.193.
$ADA
#Cardano #ADA #ShortSqueeze #Bullish #Altcoins
Cardano (ADA) is making moves! The token broke above $0.185**, triggering a **$1.09 million short squeeze that forced bearish traders to cover their positions.
Liquidation Imbalance: A massive 99% liquidation imbalance hit shorts as ADA reversed higher. The next major short liquidation cluster sits at $0.19396**, with another **$1.12 million in shorts waiting to be squeezed.
Bullish Catalyst: Analyst Javon Marks says ADA is repeating the pattern seen before the 2020-2021 bull run and could eventually reach $2.90 — representing over 1,300% upside from current levels.
Key Level: Resistance at $0.185** (now support); next target **$0.193.
$ADA
#Cardano #ADA #ShortSqueeze #Bullish #Altcoins