#CardanoDebate $ADA

$ADA

Stay patient—hourly chart is in a tight range. Wait for confirmation and manage your risk carefully!

Long or Short? (TradingView & Analyst Consensus)

• Long Position: Consider entering a long if ADA holds above $0.68 and breaks out above $0.78 with strong volume. The next upside targets would be $0.92 and $1.00. Set a stop-loss just below $0.65 to manage risk14.

• Short Position: If ADA fails to break $0.73–$0.78 and closes below $0.68, a short position targeting $0.60 or even $0.53 could be considered. Set a stop-loss above $0.78142.

Entry Prices

• Long Position Buying Price: Enter on a confirmed breakout above $0.78, with a stop-loss below $0.68. Conservative traders might wait for a retest of $0.73 as support after the breakout14.

• Short Position Buying Price: Enter if ADA closes below $0.68 with increasing volume, targeting $0.60 and $0.53, with a stop-loss above $0.73142.

Big Whales’ Next Move Tips

• Order Book Analysis: Watch for large buy or sell walls near key support ($0.68, $0.60) and resistance ($0.73, $0.78) zones. Whales often accumulate at support and distribute at resistance.

• Volume Confirmation: Big players usually move after a spike in trading volume. Confirm breakouts or breakdowns with increased volume to avoid false moves.

• BTC & ETH Correlation: ADA often follows the broader crypto market. Monitor Bitcoin and Ethereum for leading signals, as whale moves in those assets can precede ADA’s.

Professional Analyst & TradingView VIP Group Suggestions

• Use a combination of moving average crossovers, Bollinger Bands, and RSI for entry/exit signals.

• Maintain strict risk management: always use stop-loss and take-profit orders.

• Consider arbitrage opportunities if price discrepancies arise across exchanges4.

• Keep a trading journal to refine your strategy and learn from past trades4.

Summary:

• Long bias if ADA breaks and holds above $0.78 with volume, targeting $0.92 and $1.00.

• Short bias if ADA closes below $0.68, targeting $0.60 and $0.53.

• Major support: $0.68, $0.60.

• Major resistance: $0.73–$0.78, $0.80, $1.00.

• Whales likely to accumulate near $0.60–$0.68 and sell into rallies above $0.78.

Always adapt to new market data and manage risk according to your trading.

ADAUSDT Hourly Chart Analysis

Date: Saturday, June 14, 2025

Current Price Action (Hourly Chart)

• Trend: ADAUSDT is consolidating after a recent move, trading between $0.70 and $0.76.

• Momentum: RSI is neutral (45–55), showing indecision and lack of strong momentum in either direction.

• Moving Averages: Price is hovering near the 20- and 50-hour EMAs, indicating a potential squeeze and upcoming volatility.

• Volume: Slightly declining, suggesting traders are waiting for a breakout or breakdown.