$ADA

UPDATE on Cardano (ADA) :

📉 Current Snapshot

Price: ~$0.58 (≈–3% over 24 hours)

Support: $0.59 held as critical base; downtrend bounce at $0.57–$0.58

Resistance: $0.67–$0.68—daily close above this opens the door to $0.80–$0.91 upside

ETF Momentum: Spot ADA ETF approval odds surged to ~86%—major institutional catalyst

🐋 Smart-Money & On-Chain Signals

Whale accumulation: Large holders pulled $2.3M ADA off exchanges, stacking quietly

Bullish volume structure: Cumulative ask-side volume dominance (CVD) indicates genuine demand buildup

Decreasing short-term selling: 1–7 day holder activity low, showing less retail churn

🎯 Trade Plan

Trade Type Trigger / Entry Targets Stop

Dip Buy $0.57–$0.58 zone $0.67 → $0.74 < $0.56

Breakout Long Close > $0.67 $0.80 → $0.91 Retest ~$0.65

Fade / Range Rejection near $0.67 Bounce to $0.60–$0.63 Breakdown < $0.57

⚡ Quick Take

Cardano is showing smart accumulation, rising ETF odds (~86%), and solid demand structure. The key level is $0.67—break that with volume and targets shift to $0.80–$0.91. Holders and whales are preparing behind the scenes. Dips near $0.57–$0.58 offer a favorable risk/reward entry with tight stops.

➡️ DYOR .

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