Here is the Cardano ($ADA
$ADA ) Trade Signal based on the current price (~$0.580):
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š¹ Long Signal (Buy)
Entry: $0.575 ā $0.580
Take Profit: $0.600 ā $0.620
Stop Loss: $0.560
Reason: ADA is sitting near a key support zone with a potential triple-bottom pattern. Momentum indicators suggest possible reversal if BTC holds steady.
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š» Short Signal (Sell)
Entry: $0.600 ā $0.610 (if rejected at resistance)
Take Profit: $0.570 ā $0.560
Stop Loss: $0.620
Reason: Weak volume and repeated rejection near $0.60 suggest possible downside if broader market dips.
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š Market Sentiment:
Neutral with slight bearish pressure
ADA is range-bound and following Bitcoin closely
Traders waiting for a clear breakout or breakdown
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Let me know if you'd like a futures setup with leverage, or signals for other altcoins like ETH, SOL, TON, or WIF.