
ADA’s $1.04 Resistance Holds $3.28B in Liquidations
The present bearish market trend has pushed Cardano’s price down to $0.778 as it approaches the $0.74 support level. A price movement to this level might produce a short squeeze that intensifies market volatility. A breakthrough above $1.04 would probably create a bullish atmosphere triggering brief success for short sellers to depart. Cardano’s (ADA) price…