Bull trap forming for ADA? Chart data indicates t

Bull trap forming for ADA?

Chart data indicates that a bull trap could be forming, based on liquidation cluster zones—key areas where price is likely to gravitate.

A close look at the 24-hour Liquidation Heatmap reveals limited liquidity ahead of ADA’s current price, with clusters only reaching up to $0.78.

In contrast, a large concentration of unfilled liquidity lies below, stretching down to $0.68.

With ADA still trading in a bullish phase at $0.75, it’s likely to reach for the $0.78 liquidity cluster before reversing sharply to fill lower orders.

The press time price sits just $0.03 below the $0.78 cluster, suggesting the move could trigger a classic bull trap and liquidate long traders.