$ADA Testing $0.92, Breakout or Pullback Ahead?
Cardano (ADA) is currently trading near $0.9228, showing strong bullish momentum after reclaiming the $0.90 level. Buyers have stepped in with increased volume, but the price now faces resistance around $0.93–$0.95. The next move will determine if ADA continues its rally or pauses for a pullback.
Key Levels to Watch
• Resistance: $0.9350 – $0.9500 → A breakout here could extend the rally toward higher zones.
• Support: $0.9000 → Losing this level could trigger a deeper pullback toward $0.8800.
Trade Setup – Prepare for Volatility
• Bullish Entry: A confirmed breakout above $0.9350 could target:
• Tip 1: $0.9500
• Tip 2: $0.9700
• Bearish Entry: A rejection and breakdown below $0.9000 could target:
• Tip 1: $0.8800
• Tip 2: $0.8650