๐จ $ADA /USDT โ Breakout Reload or Bull Trap? โก๐ Coin: Cardano (ADA)
๐ Timeframe: 1D (Daily)
๐ฐ Current Price: ~$0.663
โ
Entry Price (Your Level): $0.6628
๐ 24h Range: $0.6501 โ $0.6785
๐ Volume: Rising on green candles โ momentum building
๐ Technical Outlook:
$ADA has broken out of its descending wedge, reclaiming key moving averages and showing solid structure. Your entry is right after a bullish confirmation zone โ ideal for riding the next wave ๐
Support Zone: $0.650 โ $0.660
Resistance Ahead: $0.685 โ $0.720 โ $0.765
RSI: Mid-range with room to run
MACD: Bullish crossover in progress
๐ฏ Trade Setup (Swing / Position)
๐ฅ Entry: $0.6628
๐ฏ Targets:
โข TP1: $0.685
โข TP2: $0.720
โข TP3: $0.765
๐ก๏ธ Stop-Loss: $0.642
(To protect against invalidation if support fails)
๐ง Strategy Logic:
โ
Bullish structure retest
โ
Breakout from wedge
โ
Buying strength on rising volume
โ ๏ธ Avoid adding if price re-enters wedge below $0.645
๐ Final Note:
Your entry at $0.6628 gives front-row access to the breakout move ๐
If $0.685 flips into support, ADA could gain strong traction toward $0.72+.
#ada #Write2Earn