🚨 $ADA/USDT – Cardano at the Crossroads: Bounce or Breakdown?
Cardano ($ADA) is holding its breath at $0.5751 (-2.03%), clinging to a key support zone. With momentum fading and selling pressure rising, this is a make-or-break moment. Will bulls defend the line — or will bears drag it lower? 📉⚔️📈
This is a high-probability setup for both sides. Let’s break it down 👇
🟢 LONG TRADE – Reversal Potential
✅ Trigger: Price holds above $0.5727 (24h support)
📍 Entry: $0.5775 (Break above range resistance)
🎯 Take-Profits:
• TP1: $0.5834 (+1.4%) – Near-term resistance
• TP2: $0.5910 (+2.8%) – 24h high
• TP3: $0.5995 (+4.2%) – Swing high
🛑 Stop-Loss: $0.5700 (Below support zone)
🔻 SHORT TRADE – Breakdown Setup
✅ Trigger: Price breaks below $0.5727 with volume confirmation
📍 Entry: $0.5710 (Confirmed breakdown)
🎯 Take-Profits:
• TP1: $0.5692 – Minor dip (MA99 test)
• TP2: $0.5672 – Short-term support
• TP3: $0.5500 – Major psychological target
🛑 Stop-Loss: $0.5755 (Above breakdown level)
📊 Key Zones:
🔹 Resistance: $0.5834 → $0.5910
🔹 Support: $0.5727 → $0.5672
💬 Will bulls bounce it back or do the bears take over? Share your thoughts and entries below! 👇
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