$ADA

TARGETING NEW SHORT-TERM HIGHS

Cardano (ADAUSDT) has broken above its key resistance zone with strong bullish candles, signalling potential for continued upward momentum towards the psychological $0.60 zone.

🔑 Key Levels:

Support: 0.5805 – 0.5820 (Strong demand and breakout retest zone)

Resistance: 0.5969 – 0.5970 (Immediate target zone)

Current Price: 0.5854

📈 Trade Setup:

Entry Zone: 0.5840 – 0.5860

Take Profit: 0.5969

Stop Loss: 0.5807

💡 Market Outlook: The recent impulsive breakout with volume indicates renewed buying pressure. As long as ADAUSDT sustains above 0.5800, continuation towards 0.5970 remains likely. Failure to hold above support may trigger a deeper pullback to previous accumulation levels.

⚠️ Risk Management: Never risk more than 1-2% of your capital per trade. Maintain strict stop loss discipline to protect capital from sudden volatility reversals.

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buy and trade here on $ADA