$ADA /USDT – BULLISH BREAKOUT IN PLAY
Cardano ($ADA) is showing strong bullish momentum with a +13.07% daily gain, currently trading at $0.7390. After a breakout above previous resistance, the price structure hints at a continuation to the upside
KEY LEVELS:
Current Price: $0.7390
Resistance Levels:
$0.7600 – Minor Resistance
$0.7800 – Key Resistance
$0.7900 – Breakout Target
Support Levels:
$0.7220 – Immediate Support
$0.7000 – Strong Demand Zone
$0.6527 – Daily Low (Key Support)
TRADE SETUP – LONG ENTRY:
Entry: $0.7390 (Current Price)
Take Profit (TP):
TP1: $0.7600
TP2: $0.7800
TP3: $0.7900
Stop Loss (SL): $0.7220 (below minor support)
Risk-Reward Ratio: ~2.5:1 (Great potential!)
RISK MANAGEMENT:
Only risk 1-2% of your capital per trade. Stick to your SL, scale out profits on targets, and avoid emotional trading. Discipline = Profits!
Momentum is building. If ADA holds above $0.7220 and breaks $0.7600 with volume, bulls may dominate the next leg. Watch for continuation! #ETHBreaks3k #ShariaEarn #TrendTradingStrategy #SECETFApproval #Write2Earn $ADA