$ADA BOUNCE INCOMING? 🔁📈 Cardano Retests Bullish Breakout!
ADA Revisits $0.71–$0.74 Breakout Zone After 17% Monthly Gains!
Cardano (ADA) is showing strong resilience as it retests a classic Cup and Handle breakout — a bullish chart pattern often followed by a major move up. ADA recently hit a local high of $0.86 before dipping back to a key support zone.
Support Holding Above 100-Day Moving Average 📊
ADA found support near $0.718, right above its 100-day MA. This signals healthy consolidation — not collapse. No negative news from the team, and the structure remains technically strong.
Potential 35% Upside Still In Play! 🔮
If buyers defend this zone and ADA breaks above $0.86, we could see a push toward $0.98, based on the measured move from the breakout pattern. That’s a +35% gain from current levels!
But Stay Alert — $0.71 Is Critical
If ADA loses the $0.71 zone, the bullish setup could break down. Eyes on volume and market momentum, especially with Ethereum leading the altcoin rally today.
Stay Safe, Stay Smart! 🛡️
Scammers are active! Don’t trust any fake ADA staking or giveaway links. Always verify with official Cardano channels.
#Cardano #ADA #CryptoNews #BinanceSquare #AltcoinSeason
Disclaimer: This post is for informational purposes only. Always do your own research before investing.
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