$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.
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