$ADA /USDT Trade Setup – Bulls Looking for Recovery

Current Price: $0.8551

Cardano is currently consolidating after pulling back from its recent high. The market is testing support near $0.8370, and buyers are showing interest at these levels. A bounce here could set up the next upward move.

Trade Setup:

Entry Zone: $0.8450 – $0.8600

Targets:

1. $0.8800

2. $0.9050

3. $0.9350 (major resistance)

Stop Loss: Below $0.8300

Key Insights:

Resistance: $0.8800 and $0.9050 are the levels to break for higher continuation.

Support: $0.8370 remains the critical base for buyers.

Volume Trend: Increasing activity near the lows signals potential accumulation.

Pro Tip:

Wait for a confirmed move above $0.8800 for strong bullish momentum. Dips closer to $0.8370 can be used as accumulation opportunities with a well-placed stop-loss. Risk management is key as volatility remains high.

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