$ADA
UPDATE on Cardano (ADA):
📊 Live Snapshot
Current Price: ~$0.67, up ~3% today — reclaiming a key resistance area
Range: Holding between $0.62–$0.67 after rebounding from $0.59 support
🐋 Whale & Institutional Signals
Whales accumulating: ~$2.33M added recently, plus ~120M ADA snapped up over 48 hours — classic buy-the-dip behavior
Buyer dominance building: On-chain volume delta is trending green; short-term holders fading, indicating shifting supply dynamics
📈 Technical Outlook
Key breakout zone: $0.67–$0.70 — clean close above could open move to $0.83–$0.91
Technical structure: Bullish—has broken falling wedge and forming strong buy signals, fueling a bullish setup toward ~$1
🎯 Trade Strategy
Strategy Trigger Targets Stop-Loss
Pullback Buy
Pullback to ~$0.65 $0.67 → $0.75 < $0.64
Breakout Long
Close above $0.67–$0.70 w/ volume $0.83 → $0.91 → $1.00+ Retest ~$0.67
⚡ Quick Take
Cardano is coiling for a breakout — strong whale accumulation, technical buy signals, and rising on-chain dominance. A volume-backed close above $0.67–$0.70 could lead to a swift move north toward $0.83–$1.00. If it retraces, ~$0.65 presents a strategic dip-buy opportunity.
➡️ DYOR .
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