🚀 Cardano Breakout: Is a Major ADA Comeback in Sight?

ADA just surged from the $0.5650 support and is now consolidating—gearing up for another move?

📈 After reclaiming $0.5750 and breaking the bearish trendline at $0.5760, ADA is now trading above the 100-hour SMA. Bulls are eyeing the $0.5925 resistance, aligned with the 61.8% Fib level from the $0.6107 swing high.

🧱 Key Resistance Levels:

First: $0.5920

Breakout Zone: $0.6000

Major Hurdle: $0.6200

Bullish Target: $0.650 – $0.6650

🔻 But if ADA fails to clear $0.5920, downside support lies at $0.5850 and $0.5650. A break below could open doors to $0.5450 or even $0.5320.

📊 Tech Check:

MACD: Bullish momentum building

RSI: Holding above 50

Will ADA bulls push through the $0.6000 barrier or is a pullback brewing? Keep your eyes on the charts!

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