🚀 Cardano (ADA) Trade Setup & Technical Outlook
🔹 Current Price: ~$0.87
🔹 Chart Setup: ADA is forming a bull flag / triangle breakout pattern, supported by whale accumulation. This signals potential for a strong upside rally.
📊 Trade Plan:
Entry Zone: $0.90 – $0.92
Stop-Loss: $0.87 (tight) / $0.82 (structural)
Target 1: $1.05 ✅
Target 2: $1.18 🔥
Stretch Target: $1.50+ (if bull flag fully plays out)
⚖️ Risk–Reward Ratio:
Target 1 → ~2.6:1
Target 2 → ~5:1
📈 Probability:
~60% chance to reach $1.05 in near term
~30–40% for extended rally to $1.18+
💡 Logic: Bullish breakout pattern + whale accumulation + support at $0.90 zone = favorable setup.