$ADA /USDT – BULLISH CONSOLIDATION AHEAD OF BREAKOUT 🔥📈
Cardano (ADA) is stabilizing above key support with a tight consolidation near $0.60. Despite a minor dip, bulls are defending the zone well. A breakout above resistance could trigger the next leg higher. Let’s break it down! 👇
📌 Current Price: $0.6031
📈 24h High: $0.6117
📉 24h Low: $0.5898
📌 Key Levels
🔹 Resistance Levels:
$0.6100 – Immediate resistance
$0.6200 - $0.6300 – Breakout confirmation zone
$0.6600 - $0.6800 – Bullish target range
🔹 Support Levels:
$0.5900 – Strong support
$0.5800 – Must-hold level
$0.5700 – Final support threshold
🎯 Trade Setup – LONG Position
📥 Entry: $0.6000 - $0.6050 (on retest or breakout)
🎯 Targets:
TP1: $0.6200
TP2: $0.6400
TP3: $0.6600
🛑 Stop Loss: $0.5800
💡 Risk Management:
Stick to the rule – risk only 1-2% of capital per trade. Move SL to breakeven after TP1 and trail profits higher. ADA is slow but steady – patience pays. 🛡️📊
Cardano’s setup is coiling for a move – bulls may soon take the reins! 🐂🔋🚀
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