ADA/USDT — Short-Term Profit-Booking Setup
Entry Zone: $0.95 – $0.96
Quantity to Buy: ~1,042 ADA (for a $1,000 position)
Take Profit Targets:
TP1: $0.99
TP2: $1.03
Stop-Loss: $0.93
Live Price Snapshot:
Cardano is currently trading at $0.9571, with intraday movement ranging from $0.9164 (low) to $0.9725 (high).
Rationale:
ADA has recently broken above a prolonged descending channel, signaling bullish technical momentum. With price stabilizing near $0.95–$0.96 and bulls in control, this setup offers a tight risk entry for short-term upside toward resistance levels at $0.99 and potential follow-through to $1.03.
