🔮 $ADA Next Move – Make or Break Zone!

Cardano ($ADA) is approaching a decisive battle zone between bulls and bears:

📊 Current Price: $0.5821 (+4.63%)

✅ Resistance: Strong selling at 20-day EMA ($0.59)

✅ Support: Must hold $0.54 to avoid a drop to $0.50

⚡ Breakout Setup:

Above $0.59: Opens rally towards 50-day SMA ($0.67), then potential $0.86 surge.

Below $0.54: Bears target $0.50, risking a plunge to $0.40.

📈 Key Insights:

Bullish: Close above downtrend line confirms trend reversal.

Bearish: Breakdown below $0.50 confirms bear continuation.

🔥 Catalysts:

Plomin Hard Fork fully activates decentralization.

Institutional adoption: Franklin Templeton running nodes.

Grayscale ETF application (71% approval odds).

> 💡 Analyst Note: “$0.55-$0.59 is the critical make-or-break zone this week.”

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$ADA