ADA/USDT — Breakout Reversal Strategy
Entry Zone: ~$0.93–$0.97
Quantity to Buy: ~1,000 ADA (for a $1,000 position)
Take Profit Targets:
TP1: $1.05
TP2: $1.15
Stop-Loss: $0.90
Rationale:
Cardano is currently trading around $0.9265—a 5.7% gain today—with an intraday high near $1.015 and a low of $0.8657. The bullish sentiment is gaining traction: ADA recently surged ~7.86%, breaking key resistance levels and signaling a potential reversal. Technical indicators support upside: a Fibonacci resistance at $1.0136 (0.618 level) and bullish structure hint at targets toward $1.15.
