$ADA/USDT – Breakout Retest in Progress
Current Price: $0.6130 (+12.31%)
24H Range: $0.5351 – $0.6152
Market Overview:
Cardano ($ADA) has successfully broken through the key resistance level at $0.6000, signaling a strong bullish momentum. The market structure is forming higher lows, supported by increasing trading volume—an encouraging sign for potential continuation of the uptrend.
Key Technical Levels:
Resistance: $0.6200 / $0.6400
Support: $0.6000 / $0.5800
Trade Strategy:
Entry Zone: $0.6000 – $0.6130 (breakout retest area)
Targets:
TP1: $0.6250
TP2: $0.6400
TP3: $0.6600
Stop Loss: Below $0.5900
Technical Insight:
Traders should monitor for a confirmed 15-minute or 1-hour candle close above $0.6200 with strong volume. This would provide further confirmation of bullish continuation.
Cardano is demonstrating strong momentum—stay alert and manage your risk while positioning for potential upside.
BUy and hold $ADA here
#CardanoStablecoin" #CardanoSurge #VoteToDelistOnBinance #TrumpTariffs