$ADA /USDT TECHNICAL ANALYSIS: ADA READY TO BREAKOUT – EYES ON $0.6980 WITH SL BELOW $0.6180
$ADA Cardano ($ADA) is currently trading at $0.6356, showing strength after rebounding from the recent support at $0.6189. Price is approaching a critical breakout zone, and bulls are gaining control with rising volume.
🔹 Support Levels: $0.6200 – $0.6180
🔹 Resistance Levels: $0.6600, $0.6800, $0.6980
ADA has formed a higher low and is heading toward the key resistance at $0.6600. A breakout above this could open the path towards $0.6980 and possibly $0.7200 in the coming sessions.
📊 Trade Setup (Bullish Continuation):
Long Entry: Above $0.6600 confirmation
TP1: $0.6800
TP2: $0.6980
TP3: $0.7200
SL (Stop Loss): Below $0.6180
📉 Market Outlook:
ADA is showing steady strength within the Layer 1 sector. With increased volume and a bullish setup forming, the momentum could carry toward breakout zones. Eyes on the $0.66 barrier.
⚠️ Risk Management:
Use 2–3% of your capital per trade. Always set a defined SL and manage trades with discipline to protect against market volatility.
