#ADA (Cardano) Market Outlook
Current Price: ~$0.76
Open Interest (OI): $856M (↓ 2.43%)
Funding Rate: 0.0054% (Neutral)
Long/Short Ratio: 0.91 (Bearish bias)
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Key Levels:
Support Zones:
$0.72 (Strong support)
$0.67–$0.70 (Ideal long entry)
Resistance Zones:
$0.78 (Short-term resistance)
$0.83 (Major resistance & liquidation zone)
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Strategy:
Long Setup:
Entry: $0.67–$0.70 (limit orders recommended)
Target: $0.78 / $0.83
Stop Loss: Below $0.66
Short Setup:
Entry: Around $0.78 (look for rejection)
Target: $0.72
Stop Loss: Above $0.83
Indicators:
Bullish flag forming
Watch volume + liquidation map near $0.83
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Risk Note: Use isolated margin. Avoid high leverage in chop zones. Always follow your risk management.
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#CryptoTrading #Cardano #ADA #Binance #Altcoins #TradeSetup #BinanceSquare #OpenInterest #FundingRate #LiquidationLevels #CryptoAnalysis #CryptoStrategy
