đą $ADA â LONG on pullback
Cardano (ADA) is up ~6% today to $0.2312, breaking through the key $0.22 resistance level that analysts have been watching closely â MACD has turned positive and the Awesome Oscillator is rising, both signs the early-September sell-off (driven by a sharp 37% drop in weekly active addresses that triggered $1.28M in long liquidations) may be exhausting. On the fundamental side, Cardano's governance system just enacted a committee renewal vote on Sept 6, keeping progress toward the upcoming Dijkstra hard fork on track. A confirmed breakout above $0.22 opens the door toward $0.24+.
đ° Entry: $0.2200â0.2230
đŻ TP1: $0.2312
đŻ TP2: $0.2400
đŻ TP3: $0.2500
đ SL: $0.2120
đ Leverage: 2â3x
Key level: $0.2200 (former resistance, now support). Hold above â continuation toward TP2/TP3 possible. Loss of $0.2200 â wait for retest before re-entering.
#ada #Cardano #long #signal #trading
Cardano (ADA) is up ~6% today to $0.2312, breaking through the key $0.22 resistance level that analysts have been watching closely â MACD has turned positive and the Awesome Oscillator is rising, both signs the early-September sell-off (driven by a sharp 37% drop in weekly active addresses that triggered $1.28M in long liquidations) may be exhausting. On the fundamental side, Cardano's governance system just enacted a committee renewal vote on Sept 6, keeping progress toward the upcoming Dijkstra hard fork on track. A confirmed breakout above $0.22 opens the door toward $0.24+.
đ° Entry: $0.2200â0.2230
đŻ TP1: $0.2312
đŻ TP2: $0.2400
đŻ TP3: $0.2500
đ SL: $0.2120
đ Leverage: 2â3x
Key level: $0.2200 (former resistance, now support). Hold above â continuation toward TP2/TP3 possible. Loss of $0.2200 â wait for retest before re-entering.
#ada #Cardano #long #signal #trading
