💹 $ADA USDT BULLISH TRADE SETUP – READY FOR AN UPSIDE PUSH
#Cardano ($ADA) is holding above key intraday support and forming a tight accumulation range, indicating a potential bullish breakout if buying volume sustains. The market is testing resistance around 0.5590 – a clean break can trigger further upside momentum.
🔷 Trade Setup (Long):
Entry Zone: 0.5585 – 0.5590
Take Profit: 0.5616 / 0.5629
Stop Loss: 0.5489
📊 Market Outlook:
$ADA remains in a sideways consolidation but with buyers stepping in near support levels. A breakout above 0.5590 with strong volume can open targets towards 0.5629 in the short term. However, failure to hold 0.5580 may trigger a retest of 0.5489 or lower supports.
⚠️ Risk Management:
Always use tight SLs, avoid over-leveraging, and manage your position sizing per your risk appetite to sustain account growth.