🔥 $ADA/USDT – Recovery Setup in Progress 📈💯

Current Price: $0.6301 (▼1.13%)

Cardano is currently consolidating near $0.6304, showing signs of stability but lacking strong bullish momentum. After a bounce from $0.6131, the price is holding above key short-term support, with moderate volume indicating market indecision.

🔹 Entry Zones:

Spot Entry: $0.6200 – $0.6300

Pullback Buy: $0.6100 – $0.6130 (strong demand zone)

🎯 Targets:

Target 1: $0.6450

Target 2: $0.6580

Target 3: $0.6800

❗ Stop Loss: Below $0.5980 (breaks key structure and support)

📊 Key Technical Levels:

Support: $0.6130 / $0.5980

Resistance: $0.6450 / $0.6600

Breakout Level: $0.6800+

💡 Pro Tip:

ADA is forming a higher-low pattern on the 4H chart — a bullish signal if confirmed by volume. A break above $0.645 with strong momentum could push price toward $0.66–$0.68.

However, if ADA dips below $0.598, it would invalidate the current setup and likely turn the trend bearish. Monitor BTC closely — ADA’s next move could follow Bitcoin’s lead.

#CardanoUpdate #ADAAnalysis #CryptoTrading #AltcoinWatch #BinanceHODLer