$ADA/USDT: Bullish Momentum Holds Strong Above Support

Cardano ($ADA) continues to show strength, maintaining its uptrend after a brief pullback. The price is consolidating just under the $0.6800 level, forming a solid base with higher highs and higher lows — a classic sign that the bullish structure remains intact.

Key level to watch:

As long as $0.6720 support holds, ADA remains well-positioned for the next leg higher.

Trade Idea:

Long Entry: $0.6760 – $0.6780

Target 1: $0.6850

Target 2: $0.6910

Stop Loss: $0.6710

Market Insight:

This consolidation following ADA’s recent rally suggests healthy price action, often a precursor to another breakout. Volume supports the trend, and as long as price stays above the breakout zone, continuation is favored.

I’m sharing this update as part of my journey on Binance Square Write to Earn, keeping you informed with timely crypto insights.

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