$ADA /USDT – STRONG RECOVERY IN MOTION, BIG MOVE AHEAD
Cardano ($ADA) has made a significant rebound from the $0.6426 support level, currently trading around $0.6602. Following a steady decline, this strong green candle suggests a possible trend reversal on the 1-hour chart. With increasing volume and the price breaking above short-term resistance, the next potential upside targets to monitor are $0.6728 and $0.6830. This range could serve as a prime opportunity for quick scalpers and intraday traders.
Traders should watch for the price to maintain above the $0.6550 level. If ADA holds this support with strong volume, it could potentially move towards recent highs near $0.6900. The risk-to-reward setup is looking promising for short-term trades and continued momentum. For those looking to capitalize on an altcoin rebound, ADA is certainly one of the top picks to watch right now.
Consider buying and trading $ADA
now.