Cardano ($ADA ) Building Momentum: Watching for $0.85 Break
Trade Setup🧠
Entry Point: On confirmed breakout above $0.85.
Target: $0.90 – Aligns with previous resistance.
Stop-Loss: Below $0.78 to manage risk.
Insight: Cardano's recent price action and positive indicators suggest a potential move higher. Keep an eye on the $0.85 level.
Current Price: $0.817963
24h Change: +3.99%
Intraday High/Low: $0.834195 / $0.785947
Technical Analysis💻
Resistance Level: $0.85 – A breakout here could indicate a strong upward trend.
Support Level: $0.78 – Holding above this supports bullish sentiment.
Indicators 📊 MACD turning positive, RSI in bullish territory.
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