Family, Brother Hao is here again to analyze Cardano (ADA) for everyone! Recently, the market for ADA has been very lively, and we need to study it carefully.

First, let's look at the key resistance level. $0.80 has always been a long-term key resistance level for ADA, which has repeatedly suppressed the price and prevented it from rising. But now it's different; it has currently surpassed this level, and the current price is $0.8010. This is a significant breakthrough! If it can close today stably above $0.80, the short-term trend is likely to reverse, and the space for upward movement will open up. This wave of market activity should not be underestimated!

Next, let's look at the upcoming target resistance level. The next target resistance is at $0.84, which is the upper boundary of the downward channel since December 2024. If it can break through $0.84, in the medium term, it could challenge $1.30, which represents a 62% increase. Just thinking about it is exciting!

From a wave structure perspective, ADA has recently successfully built a bottom above $0.685, forming a "1 - 2 wave" adjustment structure. If it can stabilize above $0.80, according to wave theory, it is very likely to initiate the fifth wave upward movement, aiming directly at $1.60, which would double the increase. Who wouldn't be thrilled by this potential!

Additionally, the flow of funds can also illustrate the situation. On-chain data shows that whale addresses have been continuously increasing their holdings in the $0.60 - $0.70 range, with a net inflow of about $50 million in 24 hours. What does this indicate? It indicates that large investors are very optimistic about ADA, with plenty of bullish expectations!

Finally, let me share Brother Hao's operational guide for today. Consider going long near $0.7890 - $0.7950, with a target initially looking at $0.8060 - $0.8250. But as always, investing carries risks, so everyone must operate cautiously! #ADA