šØ $ADA /USDT ā Price Action Update
Cardano ($ADA) is trading around $0.8810 (+2.01%), holding above intraday demand after a bounce from $0.8593 (24h low). Momentum is steady with 24h Vol (ADA): 108.41M and 24h Vol (USDT): 95.39M, showing strong market activity.
š Key Levels (Intraday):
Support: $0.8740 ā $0.8600
Resistance: $0.8945 ā $0.8970 (local high zone)
š Trend Notes:
Price is consolidating just under resistance; breakout above $0.8970 could fuel a move toward $0.9100 ā $0.9200.
Losing $0.8740 could drag price back to $0.8600 support.
š Trade Setup (Scalp/Short-Term):
Long Entry: $0.8750 ā $0.8810
Targets: šÆ $0.8945 | šÆ $0.9100 | šÆ $0.9200
Stop Loss: $0.8600
āļø Risk Note: Stick to ⤠3% portfolio risk. ADA tends to follow BTC/ETH momentum closely, so keep an eye on majors for confirmation.
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