🚨 $ADA /USDT – Resistance Break or Bull Trap? ⚡📌 Coin: Cardano (ADA)
🕒 Time Frame: 1D (Daily)
💰 Current Price: ~$0.663
✅ Entry Price (Your Level): $0.6628
📈 24h Range: $0.6501 – $0.6785
📊 Volume: Increasing in green candles – momentum building
📉 Technical Outlook:
$ADA broke its descending wedge, reclaiming key moving averages and showing solid structure. Your entry is just after a high confirmation zone — ideal for riding the next wave 🌊
Support Zone: $0.650 – $0.660
Resistance Ahead: $0.685 → $0.720 → $0.765
RSI: Mid-range with room to rise
MACD: Bullish crossover in progress
🎯 Trade Setup (Swing / Position)
📥 Entry: $0.6628
🎯 Targets:
• TP1: $0.685
• TP2: $0.720
• TP3: $0.765
🛡️ Stop-Loss: $0.642
(To protect against invalidation if support fails)
🧠 Strategy Logic:
✅ Retest of the bullish structure
✅ Break of the wedge
✅ Buying strength in increasing volume
⚠️ Avoid adding if the price reenters the wedge below $0.645
📌 Final Note:
Your entry at $0.6628 gives front-row access to the breakout movement 🚀
If $0.685 turns into support, ADA could gain strong traction towards $0.72+.
ADA
0.6671
-0.28%
ADX
A
0.5802
-2.58%
#ada #Write2Earn