$ADA Cardano short got flushed at $0.671 — a sharp move that shook $50.4K out of the market. But now ADA is catching its breath and showing signs of life above $0.67.
Next Move:
Watch for rebound above $0.675. If it holds, it’s time to start scaling in long.
Use tight stops just below this week’s low (~$0.655). Protect the capital.
Add on confirmation — volume or a clean bounce will help confirm the move.$ADA
Targets:
1. Target 1: $0.70 — first resistance and a key psychological level
2. Target 2: $0.74 – next hurdle, aligns with recent swing highs
3. Target 3: $0.84 – if momentum holds, this is next major zone
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Summary:
You were taken out on that short at $0.671, but ADA looks ready for a rebound. A move above $0.675 with volume gives a clean entry. Place stops below $0.655. Aim first for $0.70, then $0.74, and finally $0.84 if trend continues. Trade smart, manage risk, and let price confirm.$ADA