It will go down short term due to the X hack fiasco

🚨 $ADA

Approaching Critical Levels! BIG MOVE IMMINENT! 🚨

Cardano ($ADA) is currently trading at $1.1831, reflecting a -1.65% drop in the last 24 hours. The price has tested the 24-hour low of $1.1723 and is consolidating within a tight range, signaling a potential breakout or breakdown.

💡 Key Levels to Watch:

Resistance: $1.2240 – A breakout above this level could drive ADA toward $1.30, potentially testing higher levels.

Support: $1.1723 – Failure to hold this zone could see ADA drop further toward $1.10 or lower.

⚠️ Trade Strategy:

Long Entry: On a breakout above $1.2240, targets could be $1.30, $1.35, and $1.40, with a stop loss at $1.17.

Short Entry: If ADA breaks below $1.17, watch for targets at $1.10, $1.05, and $1.00, setting a stop loss at $1.20.

Tight risk management is crucial as volatility increases.

#ADA #Cardano #TradingSignals #Share1BNBDaily #Write2Earn!