Current price: $0.7494 (updated at 06:15 AM, 19/05/2025)
1. Trend analysis & impact information
• Technical: After a strong increase in early May, ADA is trading around $0.74–$0.75. An “inverted head and shoulders” pattern is forming, with strong resistance at $0.75. If this level is crossed, ADA could target $0.91, $1.10, and $1.30. 
• Impact information: The “Cardano Summit 2025” event is expected to occur at the end of May, attracting community attention and potentially driving ADA's price. Additionally, Grayscale adding ADA to the Digital Large Cap Fund is also a positive signal for the market.
2. Proposed trading strategy
Long Scenario:
• Entry: $0.74–$0.75
• Stop-loss: $0.71
• Take-profit: $0.91 – $1.10
• Probability of success: ~65%  
Reason: If ADA breaks the resistance level of $0.75 with increased trading volume, the likelihood of a breakout to $1 is high.
Short Scenario (if support breaks):
• Entry: $0.71
• Stop-loss: $0.74
• Take-profit: $0.65
• Probability of success: ~35%  
Reason: Should only be considered if ADA breaks strong support, however the probability is low due to the overall trend still being accumulation.
3. Conclusion
Cardano is in an accumulation phase with many technical signals and information supporting the next upward trend. The “Cardano Summit 2025” event and Grayscale adding ADA to their fund could be catalysts for a new breakout. The short-term Long strategy has a higher probability of success, but risk management needs to be tight and key support/resistance levels should be closely monitored.