$ADA Explodes +15% – New Highs Ahead or Short-Term Cooldown?
Cardano (ADA) is now trading at $0.7259, showing a strong +15.13% gain over the last 24 hours. Price reached a daily high of $0.7374 and is now consolidating just under resistance. Bulls are clearly in control, but the next few candles will decide if the rally continues or pauses.
Key Technical Levels:
• Resistance: $0.7340 – $0.7375
A breakout above this range could lead to a strong push toward $0.75 and higher.
• Support: $0.7190 – $0.7140
If ADA dips below this zone, a pullback may follow toward the next demand area.
Trade Setup:
Bullish Entry:
If price breaks and holds above $0.7340
• Target 1: $0.7450
• Target 2: $0.7580
• Target 3: $0.7700
• Stop-loss: Below $0.7140
Bearish Entry:
If price breaks below $0.7140
• Target 1: $0.7020
• Target 2: $0.6900
• Target 3: $0.6780
• Stop-loss: Above $0.7340
ADA is riding strong momentum, but this is a decision zone. Breakouts need volume — otherwise, expect a healthy retracement before the next leg. Stay alert.