🔔 Quick Analysis of $ADA — Are We on the Verge of a New Breakout?
Cardano (ADA) is currently trading at $0.5956, facing strong resistance near the $0.60 level. If the price can break this barrier with a 4-hour candle close, we may see an upward movement towards $0.65$ and then $0.70$ in the coming days.
📉 In the event of a pullback, the first support is at $0.57, followed by stronger support around $0.52.
⚡️ What distinguishes ADA is the continuous development on its network and the increasing institutional interest, which enhances its chances of rising in the medium to long term.
🎯 My Strategy: I am monitoring the price close to $0.60$ while waiting for strong trading volume before making any entry decision.
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Do you expect ADA to surpass $0.60$ and begin an upward wave?
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