$ADA – Towards a major breakout? 🚀

#CardanoDebate #ADA #BinanceSquare

📍 Current price: $0.6240

📉 24h Change: –2.5%

📈 Intraday Range: $0.6152 – $0.6420

🧠 Quick analysis:

– High volatility with massive sale of 270M ADA by whales, testing support around **$0.60–$0.62**.

– The launch of “Originate” by the Cardano Foundation shows a focus on enterprise use cases.

– As long as $0.60 holds, a rebound is possible; resistance to watch around $0.70–$0.72 (50 SMA).

– Overall momentum still bearish in the medium term, but RSI shows potential signs of overselling.

🎯 Possible strategies:

✅ Buy between $0.62–$0.64, with partial profit at $0.70

🚀 More aggressive entry if the break of $0.72 is confirmed, targeting $0.80–$1.00

🛑 Tight stop if support at $0.60 breaks

💬 And you, are you playing the rebound near supports or waiting for confirmation of a breakout? 👇

#CryptoTrading #ADAUpdate #BreakoutStrategy #Altcoins #Web3