🚨 $ADA /USDT – Will Cardano Hold the Line or Collapse Below?
Cardano (ADA) is sitting on a razor’s edge at $0.5751 (-2.03%), testing a major support level as market pressure builds. With sellers circling and momentum fading, ADA must defend this zone or risk a deeper drop. But if bulls step in, a sharp reversal could spark a mini rally. 📉⚔️📈
Get ready for a high-probability trade setup – whether you're looking to catch the bounce or ride the breakdown.
🟢 LONG TRADE – Bullish Reversal Setup
✅ Trigger Conditions:
Price holds above $0.5727 (24h low support)
📍 Entry: $0.5775 (Break above current range)
🎯 Take-Profit Targets:
TP1: $0.5834 (Near resistance, +1.4%)
TP2: $0.5910 (24h high, +2.8%)
TP3: $0.5995 (Swing high, +4.2%)
🛑 Stop Loss: $0.5700 (Below 24h low – risk control)
🔻 SHORT TRADE – Breakdown Play
✅ Trigger Conditions:
Price breaks and holds below $0.5727 with strong volume
📍 Entry: $0.5710 (Confirmed breakdown)
🎯 Take-Profit Targets:
TP1: $0.5692 (MA99 test – minor drop)
TP2: $0.5672 (Support zone)
TP3: $0.5500 (Major psychological level – breakdown target)
🛑 Stop Loss: $0.5755 (Above short entry)
Resistance Zone: $0.5834 → $0.5910
Support Zone: $0.5727 → $0.5672
Will bulls defend this key level or will sellers take control? Comment your bias below! 👇
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