Cardano ($ADA ) Might Be Getting Ready to Jump – Here’s What to Watch
Cardano is slowly moving up again after bouncing off the $0.71 support level. Over the past month, it’s gained about 30%, and now it looks like it’s setting up for another move higher.
Right now, $ADA is holding steady above $0.74 — which is a good sign. If it can break above the $0.76 level with strong buying (watch the volume), it could lead to a bigger push upward.
Here’s a simple trade idea if you’re keeping an eye on it:
Buy Zone: 0.7450 – 0.7500
Stop Loss: 0.7300
Target 1: 0.7650
Target 2: 0.7820
Target 3: 0.7980
As long as ADA stays above $0.74, this dip might just be a pause before a bigger rally. Keep an eye on that $0.76 breakout — it could be the signal that the next move is starting.