$ADA / USDT ā Long Trade Setup! šš
$ADA is showing strong bullish momentum, currently trading at $0.8011 (-0.16%) after breaking past the $0.7800 resistance and consolidating near its 24h high. The 4H chart clearly shows an upward trend with consistent higher lows and higher highs.
š Trade Setup:
ā¢ Entry Price: $0.8000 ā $0.8050
ā¢ Take Profit (TP): $0.8150
ā¢ Stop Loss (SL): $0.7900
š Market Outlook:
Cardano has had a fantastic day, gaining 6.66% today and an impressive 29.46% over the last 30 days. The 24h volume for ADA is 182.35M, indicating robust investor interest. The price action suggests that bulls are in control, aiming for higher levels, potentially retesting recent highs and beyond.
š” Pro Tip:
If ADA can firmly establish support above $0.8000, expect a strong push towards the next resistance levels. Keep an eye on Bitcoin's movement as it can influence ADA's price action.
{spot}(ADAUSDT)
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