🚀🛡️ ADA: The Rebirth of Cardano is Here – Ready to Jump Onboard?
June has become a key month for Cardano (ADA), and many traders are paying attention while others lose sight of it. After a correction period, ADA has managed to break a relevant resistance on the weekly chart, accompanied by a notable recovery in volume.
🔍 Why could this be the start of a solid rebound?
1. Current technology that is being updated: with the recent launch of the “Hydra 2.0” update, ADA improves its scalability and processing capacity, which can attract new developers and DeFi projects.
2. Clear technical signals: it broke an ascending triangle, forming higher lows and with RSI coming out of a weak zone. Perfect structure for a rally of 20% or more.
3. Strong fundamentals: large community storage, strong staking, and institutional support.
4. Increasing volume: in recent weeks, volume has shown consistent spikes, confirming the bullish structure.
🎯 Recommended strategy:
Enter after daily close above the newly broken resistance.
Place stop-loss just below the previous support.
Targets: first leg +25%, second leg +50%.
👉 You can trade $ADA directly from the chart on Binance, taking advantage of the confluence of fundamentals and technicals.
