ADA
0.47
+0.90%
Cardano ($ADA ) is trading near $0.65, showing early signs of stabilization after recent bearish pressure. Here’s the setup traders are watching:
🔹 Buy Zone: $0.60 – $0.63
A strong demand area where buyers previously stepped in. A successful retest here could spark a rebound.
🔹 Target Zone: $0.80 – $0.85
A key resistance zone and ideal area to take profits if momentum turns bullish.
✅ Trade Idea:
Wait for a dip into the green zone, confirm with bullish candles or rising volume, and aim for $0.80 with stops under $0.59.
📊 Market still leans toward a short-term bounce, but stay cautious of fakeouts!