$ADA (Cardano) current price: $0.7261
Let’s look at a quick long and short analysis (shortcut style):💹🔥🚀
1. Long Trade (Buy) Setup
Condition to Enter:
Price breaks above $0.73 with volume confirmation
RSI stays above 50, showing strength
🎯Targets:
🎯TP1: $0.75
🎯TP2: $0.78
🎯TP3: $0.80+
✋Stop Loss: Below $0.71
📈Shortcut Signal:
Breakout + Volume = Go Long
2. Short Trade (Sell) Setup
Condition to Enter:
Price fails to break $0.73 and starts rejecting
Bearish candles + RSI below 45
🎯Targets:
TP1: $0.70
TP2: $0.68
TP3: $0.66
Stop Loss: Above $0.735
Shortcut Signal:
Rejection at resistance + RSI drop = Go Short