$ADA / USDT ā EYEING A BREAKOUT ABOVE LOCAL RESISTANCE šš
Cardano is showing early signs of recovery on the 4H chart, bouncing from the recent low of $0.6541 to $0.6965. Momentum is slowly building, but price is still capped below the $0.7039 resistance ā the key level bulls must reclaim to trigger a breakout.
Volume is neutral, and RSI suggests there's room to push higher if sentiment improves. A confirmed break above $0.705 could pave the way toward $0.730+ in the near term.
š Trade Setup (Breakout Watch):
ā¢ Entry Zone: $0.695 ā $0.705
ā¢ TP1: $0.725
ā¢ TP2: $0.745
ā¢ SL: $0.674
If ADA flips $0.705 into support, it could reclaim short-term bullish momentum. Watch the breakout volume!
