🚀$ADA ADA/USDT Analysis: Breaking Higher with Strength!
📊 Current Price: $1.1125 (+5.86%)
24h High: $1.1450
24h Low: $1.0273
Market Insights:
Cardano ($ADA) has surged past $1.10, showing bullish momentum after testing the $1.03 support. Buyers are eyeing a retest of the $1.14 level, with the potential for a continuation towards higher resistance.
Key Levels to Watch:
Resistance: $1.14 - $1.15
Support: $1.08 - $1.03
Potential Trades:
📈 Long Entry: $1.11 - $1.12
Targets: $1.14, $1.15
Stop Loss: Below $1.08
📉 Short Entry: Below $1.08
Targets: $1.05, $1.03
Stop Loss: Above $1.10
💡 Pro Tip: A breakout above $1.1450 with volume could drive ADA to test new highs. Watch for confirmation on shorter timeframes for better entries!
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