$ADA
/USDT Trading Report
Cardano (ADA) is showing steady resilience, currently trading at $0.9177 (₨259.17) with a +0.50% daily gain. Over the past 24 hours, ADA moved between a low of $0.8912 and a high of $0.9390, supported by strong liquidity with 150.30M ADA traded against $137.60M in USDT volume. The coin is holding firmly above the $0.90 psychological mark, which reflects buyer strength and a healthy accumulation phase despite recent market fluctuations. The market depth on Binance suggests balanced order flow, keeping ADA in a favorable zone for active traders.
Looking ahead, ADA faces its first major resistance at $0.94–0.95, and a breakout above this level could trigger a rally towards $0.98 and potentially $1.00, a strong psychological target. On the downside, supports at $0.895 and $0.868 act as safe zones for dip-buying opportunities. If ADA maintains its current structure above $0.91, momentum may continue to build, offering profitable setups for both short-term scalpers and swing traders. With strong volumes and layered supports, ADA remains an attractive Layer 1 play for traders eyeing near-term gains.