$ADA BREAKOUT MODE ACTIVATED, BULLS TAKING CHARGE!
Cardano ($ADA ) is showing strong upward pressure with a clean breakout above key resistance. After holding the $0.66 range, bulls have regained control, pushing price closer to the $0.6750 mark.
Long Trade Setup:
Entry Zone: $0.6700 – $0.6740
Target 1: $0.6850
Target 2: $0.7020
Stop Loss: $0.6590
Market Outlook:
ADA’s breakout from accumulation signals a continuation to the upside. With increasing volume and higher lows on the chart, momentum favors the bulls. Watch for consolidation above $0.6700 before further push.
Risk Management:
Use tight SL. Partial booking at Target 1 is advised. Stick to your plan and avoid overleveraging.
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