Cardano In Danger Zone? Trader Drops ‘Time Bomb’ Claim
Cardano’s short sellers are taking a beating. Over the past 24 hours, over $500,000 worth of short positions were liquidated as ADA hovered near $0.25 — a price point that one unnamed trader is calling a powder keg A descending trendline developed inside the channel starting around August 2025, when ADA peaked near $1.02 and then began forming a series of lower highs. Today, the price sits where that trendline meets the channel’s lower boundary — a compression point that typically forces a decisive move.Related Reading
The unnamed trader’s analysis calls for a breakout to the upside with a price target near $1.20 before the week ends. That would represent a roughly 380% gain from current levels in less than two days.
A Bold Call From An Unknown Voice
Still, the prediction carries real weight only if its source does — and that source remains unknown. The trader behind the “ticking time bomb” call was never identified in the analysis Mintern shared, which raises obvious questions about credibility, track record, and motive.
A 380% rally in under 48 hours is an extraordinary claim. Extraordinary claims demand more than an anonymous chart.
Featured image from Meta, chart from TradingView
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