$ADA /USDT – Momentum Builds on Layer 1 Surge!
Momentum Analysis:
Cardano (ADA) trades at $0.7963 (+10.95%), regaining strength with a clean breakout from the $0.7152 support. Strong volume inflow — over 294.84M ADA / $225.02M USDT in 24h — confirms bullish intent.
Long Setup:
Entry Zone: $0.749 – $0.796
Targets:
T1: $0.818
T2: $0.860
T3: $0.905
Stop Loss: $0.710
Breakout Confirmation Level: $0.818
Key Support: $0.715
Pro Tip for Traders:
ADA tends to build strength before surges — monitor $0.818 resistance closely. A breakout with high volume could signal a leg toward the $0.90 zone.
Trading Data Snapshot:
Price: $0.7963 (+10.95%)
24h High/Low: $0.8180 / $0.7152
24h Volume: 294.84M ADA / $225.02M USDT
Order Book Depth:
$0.8268 | $0.8180 | $0.7963 | $0.7496 | $0.7110 | $0.6724 | $0.6426 | $0.6338
Timestamp: 2025-05-08
