$ADA
/ USDT – Bulls Eyeing $1.00 Breakout
Cardano ($ADA ) is regaining bullish momentum after rebounding from the $0.89 low and maintaining support above the $0.92–$0.93 range. The trend has shifted back in favor of the bulls, with price action now pressing up against the key psychological resistance at $1.00.
The current market structure is firm, with short-term consolidation suggesting accumulation and volume supporting the upward move. If buying pressure continues, $1.00 becomes the critical breakout level to monitor.
Trade Setup
Entry: Above $0.9330
Target 1: $0.9550 (initial breakout confirmation)
Target 2: $0.9850 (major resistance level)
Target 3: $1.00+ (psychological milestone)
Stop Loss: Below $0.8950
Bottom Line: A strong move above $0.95 could open the path toward $1.00. Any dip into the $0.91–$0.92 area may offer a solid buying opportunity on a retest for bullish continuation.