🚀 $ADA maintains a bullish structure — ADA targets $1.19
Cardano (ADA) continues to show clear technical strength on the weekly chart, maintaining a bullish structure of higher highs and higher lows, with strong support at $0.88.
📊 This level coincides with the 50-day moving average and the Point of Control (POC), enhancing the likelihood of momentum continuing towards the next resistance at $1.19.
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🔍 Key technical points:
- Support at $0.88: A critical area showing healthy accumulation and strong demand
- POC reclaimed: A bullish signal reflecting buyer dominance
- Resistance at $1.19: The next target on the higher timeframe, which may attract profit-taking
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💡 What to expect?
As long as ADA maintains daily closes above $0.88, the bullish trend remains intact.
> Holding above support = Launching pad towards the historical peak.
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