ADA Levels to Watch: Key Price Zones in Focus
Cardano (ADA) is currently trading around $0.62, after dipping from intraday highs near $0.64 .
Support Levels:
**$0.62–$0.623**: Strong support zone highlighted by recent rebounds, where buyers have stepped in aggressively .
**$0.654**: Lower bound of the recent consolidation range, acting as a crucial demand level .
Resistance Levels:
**$0.644**: Short-term resistance within an ascending channel .
**$0.707**: Upper range of consolidation; a clear break above this could trigger a rally toward **$0.75–$0.80+** .
Outlook: Maintaining above $0.62 keeps the bullish setup intact. A breakout above $0.707 may lead to targets of $0.80–$0.85+, while a failure to hold could open the door to lower levels around $0.60 or below. Keep these zones in sight for your trading plan on Binance.
