$ADA /USDT – Bullish Retest Zone After Recent Pullback!
Momentum Analysis:
Cardano has slightly retraced from the local high of $0.6873, now consolidating near $0.6811 (-0.83%). This could present a fresh opportunity if bulls defend key support levels and volume sustains.
Long Setup:
Entry Zone: $0.6650 – $0.6810
Targets:
T1: $0.6920
T2: $0.7050
T3: $0.7180
Stop Loss: Below $0.6520
Breakout Confirmation: A clean close above $0.6920 with rising volume.
Key Support: $0.6550 and $0.6426
Pro Tip for Traders:
Watch the 15m-1h candle closes for bullish divergence or a reversal pattern near $0.6650. Volume spikes near support could hint at whale accumulation.
ADA/USDT Trading Data:
Current Price: $0.6811
24h High: $0.6873
24h Low: $0.6550
24h Volume (ADA): 87.89M
24h Volume (USDT): 59.14M
Order Book Depth:
Resistance Levels: $0.6916, $0.6892
Support Levels: $0.6807, $0.6710, $0.6608, $0.6505, $0.6426, $0.6402
Timestamps:
25-05-06 21:00
2025-05-07 11:00
2025-05-08 01:00