$ADA BULLISH TRADE SIGNAL
Cardano $ADA is showing strength after a steady upward move, currently trading at $0.6454 (+2.89%). The price recently bounced off the 24h low at $0.6208, forming a solid short-term support base. With increasing volume (ADA Vol: 68.64M, USDT Vol: 43.77M), ADA is preparing for its next leg upward.
🔍 TECHNICAL OUTLOOK:
ADA is forming higher lows on the 30-minute and 4-hour charts, suggesting bullish momentum.
It broke through a local resistance near $0.6400–$0.6450, confirming buyer interest.
The 24h high at $0.6506 is the immediate hurdle; a breakout above it opens up further targets.
🎯 LONG TRADE PLAN (Binance | Spot or Futures):
> ENTRY ZONE:
🔹 $0.6420 – $0.6500
> TARGETS (Take Profits):
✅ T1: $0.6750
✅ T2: $0.6980
✅ T3: $0.7250
> STOP LOSS (SL):
❌ $0.6180 (below the recent support and 24h low)
🧠 KEY LEVELS TO WATCH:
Support: $0.6200 (Buyers stepped in here multiple times)
Resistance: $0.6506, $0.6750, then $0.7000+
📊 RISK MANAGEMENT:
🔐 Use only 2–3% of your capital on this trade.
💼 Adjust position size according to risk-reward ratio (R:R ≥ 2.5).
🛡️ Trail your stop loss once T1 hits to lock in profits.
🔥 With ADA’s growing momentum and bullish market structure, this long setup holds potential for strong gains in the short term. Stay sharp, manage risk, and ride the trend! 💹
#ADA #Cardano #Binance #CryptoTrading #TechnicalAnalysis $ADA