$ADA
ADA /USDT – Bullish Outlook
Cardano is gaining momentum, with price currently at $0.9542 (+3.36%), trading firmly above key moving averages and holding its bullish structure.
🔑 Key Levels to Watch:
Support: $0.9380 – $0.9270
Resistance: $0.9700 – $0.9878 (24h High)
Current Price: $0.9542
📊 Technical Picture:
The pair is consolidating above the MA(99) at $0.9476, which continues to serve as strong dynamic support. A decisive breakout above $0.9700 could open the door for a rally toward the $1.00 psychological level.
🎯 Trade Setup (Long Idea):
Entry Zone: $0.9500 – $0.9550
Take Profit Targets:
TP1: $0.9700
TP2: $0.9878
TP3: $1.00
Stop Loss: $0.9270
⚖️ Risk Management:
Stick to risking only 1–2% of your capital per trade. After TP1 is reached, shift SL to breakeven to lock in profits and minimize downside.
🚀 With price holding above $0.95 and momentum leaning bullish, ADA appears set for another leg higher if buying pressure continues.