$ADA /USDT. here's a technical breakdown based on the price levels and structure shown:

🔎 Cardano (ADA/USDT) – Technical Analysis

Current Price: $0.8323

Change: +1.86%

Timeframe: Not explicitly stated, but the structure suggests either 1H or 4H.

📌 Key Technical Zones

🔼 Resistance Levels

$0.8346 (High) – Intraday top, immediate resistance

$0.8500 – $0.8800 – Strong supply zone; watch for rejection or breakout

$0.8700 – $0.8800 – Likely to act as a liquidity grab zone

🔽 Support Levels

$0.8132 (Equilibrium) – Fair value zone

$0.8080 – $0.8000 – Clean demand support

$0.7800 – $0.7716 (Low) – Deep pullback support or entry zone

⚔️ Smart Money Concepts

CHOCH (Change of Character) at $0.8323 signals a bullish shift from a prior bearish structure.

BOS (Break of Structure) near $0.7800 confirms upward trend resumption if higher lows are respected.

Premium/Discount Zones:

Above $0.8132 = Premium – Price in upper range; sellers may start entering.

Below $0.8132 = Discount – Good buy zone for swing traders.

📊 Trade Setup Suggestion

✅ Breakout-Continuation Trade

Entry: On breakout above $0.8350

TP1: $0.8600

TP2: $0.8800

SL: Below $0.8200

🟠 Rebuy on Pullback

Entry Zone: $0.8000–$0.8130

TP: Revisit of $0.8350

SL: Below $0.7700

📈 Summary

Cardano is showing bullish structure, reclaiming equilibrium and forming a bullish CHOCH. As long as price holds above $0.8130, a move toward $0.8500–$0.8800 is in play. Watch volume and candle confirmation near $0.8350 for signs of continuation or rejection.

Would you like a chart visual or short-term trade idea for intraday timing?

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