ADA is loading... or faking out?
If you’ve been watching Cardano (ADA), you know it’s been stealthily building support around $0.75. But here’s the twist — SAR still screams “downtrend” on most timeframes. Is this just a bear trap or the calm before a breakout?
Technicals show $0.744 is the floor, and $0.765 is the breakout line. If $ADA flips that resistance with volume, bulls could aim for $0.785 — and maybe even $0.84+. On the flip side, a drop below $0.744 could send it revisiting local lows.
So what’s the move?
Traders eye an OCO setup here: buy trigger above $0.765, tight stop-loss below $0.744. Not financial advice — but the chart’s whispering something.
You in or just watching from the sidelines again?