🔥 ADA/USDT – The calm before the Cardano storm
🧠 Most traders panic when ADA is below $1... but professionals? They watch the weekly candles, not the daily noise. And Cardano is currently sending signals of a very near explosion!
🔍 Candle behavior says a lot:
✅ 6 consecutive weekly bullish candles – and this is very rare in a volatile market.
The price is consolidating between $0.80 and $0.88 in a tight range, and the candles have small bodies → this means buyers are holding their positions strongly.
No long upper shadows = no strong rejection = sellers are in hibernation
📉 Volume is decreasing during this consolidation → and this is classic behavior indicating accumulation before a breakout.
📌 What's cooking?
ADA is currently below a key resistance at $0.90 - $1.00.
And if a daily candle closes above $0.91 with strong trading volume? We might see a quick jump towards $1.23.
🎯 Proposed trading plan:
Entry area: Between $0.85 and $0.89 (early entry opportunity)
Stop Loss: Below $0.78
Targets:
1️⃣ $0.97
2️⃣ $1.23
3️⃣ $1.50
🔍 Try it yourself: Open the weekly chart and zoom out → ADA is currently testing a breakout of a downward trend line that has lasted for months.
🧠 Advice for followers:
When you notice consecutive bullish candles with higher lows, and the volume decreases despite the price rising → this often means that a breakout is very close.
