🔵 Cardano Faces 1,085% Liquidation Spike as $0.20 Support Wavers
Cardano (ADA) experienced a 1,085% liquidation imbalance after continued selling forced long traders who were betting on a price increase out of leveraged positions.
At the time of writing, Cardano was down 1.64% in the last 24 hours to $0.20, with its price drop catching traders betting on an increase off guard.
About $2.06 million of leveraged Cardano positions were liquidated over the past 24 hours, with $1.89 million coming...
Bitcoin has reclaimed the $76K level — but the 1H structure is still showing weakness.
$BTC — SHORT
Current Price: $77,430
Entry: $77,620–$77,700
If BTC fails to hold above the current zone and gets rejected back down, the short setup remains valid. SL: $78,250 — above the nearby resistance/rejection area.
TP1: $76,500
TP2: $76,000
TP3: $75,500
The key is simple: rejection from $77.6K–$77.7K favors the move back toward the $76K liquidity zone.
{future}(BTCUSDT)