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$ADA /USDT
Technical Analysis – Can Cardano Continue Its bullish position
Cardano ($ADA ) is currently trading at $0.7515,
up +0.90% in the last 24 hours.
The price has touched a 24h
high of $0.7666 and
a low of $0.7209,
showing moderate volatility. Will ADA break out or face resistance? Let’s analyze the key levels! 👇
📊 Key Levels & Targets:
🔸 Support: $0.7344 –
Staying above this keeps the uptrend intact.
🔸 Target 1 🎯: $0.7666 –
A breakout above could trigger further bullish momentum.
🔸 Target 2 🎯: $0.7800 –
A strong resistance zone; breaking this could
push ADA higher.
🔸 Target 3 🎯: $0.8000+ –
If momentum stays strong, this level could be tested.
⚠️ Bearish Scenario?
SAR Indicator: $0.7344
(below price), signaling an uptrend continuation.
If ADA fails to hold
$0.7344,
we might see a pullback toward
$0.7200-
$0.7000.
💡 Final Thoughts: ADA is showing strength, but $0.7666 is a key resistance. A breakout could push it toward $0.78-$0.80, while failure might lead to sideways movement or a slight pullback. 🚀