$ADA BULLISH CONSOLIDATION – EYES ON $0.70 BREAKOUT

Cardano (ADA) is trading at $0.6399 (+2.37%), holding steady above short-term support and showing early signs of bullish continuation. With volume support and rising lows, ADA appears to be building momentum for a move toward key resistance levels.

🔍 KEY LEVELS TO WATCH:

Resistance Levels:

$0.6506 (24h high / immediate resistance)

$0.6600 (minor resistance)

$0.7000–$0.7200 (major breakout zone)

$0.7400 (extension target)

Support Levels:

$0.6300 (local intraday support)

$0.6208 (24h low / structure base)

$0.6000 (psychological and technical floor)

Volume Outlook:

ADA Volume: 65.18M

USDT Volume: 41.50M

Healthy participation, Volume SMA supports current move

📈 TRADE SETUP – LONG BIAS:

Entry Zone: $0.635–$0.645 (pullback or breakout play)

Take Profit Targets:

TP1: $0.660

TP2: $0.700

TP3: $0.740

Stop-Loss: $0.620 (below recent low and breakout base)

🛡️ RISK MANAGEMENT:

Risk only 1–2% of capital. Consider scaling out profits near resistance. Move SL to entry on break above $0.660 to secure gains.

📊 SUMMARY:

$ADA/USDT is holding its uptrend well and attempting a breakout from consolidation. A clear move above $0.6506 could open the way toward $0.70 and beyond. As long as ADA holds above $0.620, long setups remain valid.

Momentum favors the bulls – breakout confirmation is key! 🚀📈

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