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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. 🚀