$ADA /USDT (Cardano) from Binance on April 29, 2025.
ADA/USDT Market Overview:
Current Price: $0.6986
24h Change: +0.49% (mild bullish)
24h High: $0.7290
24h Low: $0.6845
MA60: $0.7013 (price is slightly below MA60)
Volume: Good activity — 139.54M ADA traded.
Technical Picture
ADA is in mild recovery but still under its local moving average (MA60).
Struggling to reclaim $0.7013 (short-term moving average).
Bouncing from support near $0.6850, but facing resistance around $0.7050–$0.7100.
Key Levels to Watch:
Immediate Support:
$0.6845 (24h low, key short-term defense)
$0.6700 (stronger major support if it dumps)
Resistance:
$0.7010 – $0.7050 (MA60 zone)
$0.7290 (major 24h high / next breakout level)
Trade Ideas
Idea 1: Range Rebound (Safe Play)
Entry: Around $0.6850 – $0.6900
Stop-Loss: Below $0.6780
Take-Profit:
TP1: $0.7010
TP2: $0.7100
TP3: $0.7280 (partial exits recommended)
Idea 2: Breakout Play
Entry: Only after clean breakout above $0.7290
Stop-Loss: Below $0.7100
Target:
TP1: $0.7500
TP2: $0.7800
Summary
Currently, ADA is in the middle of the range — better to wait for either a dip buy or a breakout confirmation.
Would you like me to give you a 4H swing trade plan for ADA too?
(More suitable if you are looking to hold 2–3 days and catch a bigger move.) Follow for more updates. #BinanceAlphaPoints #AITokensBounce #XRPETFs #Write2Earn! #ADAAnalysis