$ADA
USDT BULLISH MOMENTUM BUILDING ā EYES ON THE NEXT BREAKOUT š
Cardano is showing strong bullish continuation signs after its impulsive push from the $0.55 zone, currently trading at $0.6010.
š Key Levels:
Support: $0.5820 ā previous low and minor consolidation zone
Resistance: $0.6119 (24h High), and psychological level at $0.6200
š Trade Setup (Long):
Entry: $0.6000 ā $0.6020 (current retest and base formation zone)
Targets (TP):
TP1: $0.6100
TP2: $0.6200
TP3: $0.6300 (if bullish momentum strengthens)
Stop Loss: $0.5880 (below recent higher low for protection)
š Market Outlook: ADA has reclaimed the $0.60 zone with strong bullish candles on the hourly timeframe, indicating accumulation and buyers' presence. A clear breakout above $0.6120 could accelerate further upside towards $0.6300 in the short term.
ā ļø Risk Management: Always risk only 1-2% per trade. Adjust position size according to your strategy to remain consistent and protect capital in volatile market conditions.
š” Comment āšā if you are ready for this bullish move! Stay disciplined, manage your risk, and trade wisely.
#ADA #Cardano #CryptoTrading #NFPWatch #TechnicalAnalysis
buy and trade here on $ADA