$ADA /USDT – SHOWING SIGNS OF SHORT-TERM REVERSAL, BUT RESISTANCE LOOMS!
Cardano ($ADA ) has climbed from the 24H low of $0.7445 to trade around $0.7778, posting a modest +1.21% gain. The 1H chart reveals a potential shift in structure with higher lows, hinting at recovery — but bulls are facing stiff resistance near $0.7924.
Momentum remains fragile, and a rejection at this level could trigger a pullback toward the $0.7589 support zone. A breakout and close above $0.7960 would confirm bullish continuation.
Key Levels to Watch:
Resistance: $0.7924 – $0.7960
Support: $0.7589 – $0.7445
Bias: Cautiously bullish – needs volume to sustain upside
Pro Tip: For safer confirmation, wait for a 1H candle close above $0.796 before long entries.