๐จ $ADA /USDT โ Accumulation Phase or Fake Out? ๐ฆ๐
#Cardano is climbing gently to $0.7333 (+0.80%), approaching key resistance zones. Bulls are backโbut can it break above $0.75 or will profit-taking hit hard?
๐ Market Overview
๐ Current Price: $0.7333
๐ 24h High: $0.7486
โ๏ธ 24h Low: $0.6884
๐ Parabolic SAR: $0.6974 (support still intact)
๐ MACD Momentum:
โข DIF: Trending positive
โข DEA: Upward slope forming
โข MACD: Bullish crossover evident
๐ RSI (6): 61.30 (Neutral to bullish โ more room to run!)
๐ ADA Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If ADA Holds Above $0.72):
โข Entry: Above $0.735
โข Targets: $0.755, $0.778, $0.800
โข Stop-Loss: $0.706
๐น Bearish Scenario (If ADA Drops Below $0.70):
โข Entry: Below $0.698
โข Targets: $0.672, $0.648, $0.620
โข Stop-Loss: $0.725
๐ Should You Hold or Sell?
โ Still in bullish structure above MA(7) and MA(25)
โ RSI suggests buyers are steady, not overheated
โ ๏ธ Strong rejection near $0.75 could signal a retest of support at $0.70
๐ก Pro Tip:
๐ Watch for a breakout above $0.7486 with strong volumeโconfirmation of momentum!
โ ๏ธ Low volume + RSI stall = likely fakeout, so tighten stops above $0.75
๐ข Are you riding ADA up or booking profits early? Share your thoughts below!
๐ฅ Smash that LIKE & SHARE button for more altcoin insights! ๐ฅ