Cardano (ADA) Eyes Breakout Above $0.73 — Bullish Momentum Builds
Cardano (ADA) has shown strong bullish recovery, pushing up by +1.82% to $0.7271. The recent breakout from consolidation suggests growing buying pressure, with the price forming higher lows and testing resistance near $0.7300. A confirmed breakout above this level could open the door for further gains, potentially targeting the $0.7450–$0.7550 range. Bulls are in control, but traders should watch for a pullback retest before continuation.
Trade Setup:
Entry: $0.7280
Take Profit (TP): $0.7450 / $0.7550
Stop Loss (SL): $0.7160