$ADA /USDC BULLISH MOVE IN PLAY 🚀 | STRONG SUPPORT HOLDING – UPSIDE TARGETS AHEAD
📍 Current Price: $0.5649
📊 Exchange: BINANCE
📆 Date: June 30, 2025
📈 Market Structure: Bullish Bias with Momentum Building
🔍 TECHNICAL OVERVIEW
Cardano (ADA) is showing signs of strength after bouncing off the key support zone around $0.5550, maintaining higher lows on the intraday chart. Buyers are stepping in with increased volume, aiming to push through immediate resistance levels.
🧭 KEY LEVELS
🔹Resistance Levels:
• $0.5708 – Immediate resistance (order wall zone)
• $0.5792 – Breakout level from depth data
• $0.5857 – 24H high / strong psychological barrier
🔸Support Levels:
• $0.5591 – Local support
• $0.5553 – 24H Low
• $0.5400 – Swing support level
📌 TRADE SIGNAL – LONG ENTRY SETUP
✅ Entry Zone: $0.5630 – $0.5660
❌ Stop Loss: $0.5530 (Below key demand zone)
🎯 Take Profit Levels:
• TP1: $0.5708
• TP2: $0.5790
• TP3: $0.5850
🛡️ RISK MANAGEMENT INSIGHTS
• Risk only 1–2% of your capital per trade
• Lock in profits progressively at each TP
• Use a trailing SL after TP1 to protect gains
ADA is holding firm above critical intraday support and showing early signs of a bullish continuation. A clean break above $0.5790 could accelerate price action toward the higher range. Volume and structure support the long bias — perfect for traders looking for a momentum-driven setup.
🧠 Trade the setup, not the emotions. Let the chart lead your confidence.
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