$ADA

📊 Market Snapshot

Live Price: ~$0.7396 (24h range: $0.7132–$0.7501)

24h Volume: ~$1.4B – $1.45B; Market Cap: ~$26B; ranked around top 10–11 by market cap

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🔍 Technical Overview

1. Investing.com (Binance ADA/USD)

Overall Technical Summary: Strong Buy on hourly, daily, weekly; Neutral on monthly

Indicators Overview:

Moving Averages: 10 buy vs 2 sell

Oscillators: 7 buy, 3 neutral, 1 sell

RSI ~52 (Neutral), MACD positive, ADX ~30, Stochastics bullish

2. TipRanks & Coinalyze

TipRanks notes moving averages solidly bullish (all but 200‑day), oscillators mixed, RSI ~64, MACD ~0.03

Coinalyze shows mostly upward trends across intraday and higher timeframes; slight overbought on daily chart (RSI ~70+)

3. Price Action & Structure

Cardano has gained ~25–26% in the past week and ~16% in the past month

Continuation of uptrend supported by price above 20, 50, 100, 200-day moving averages with strong volume

Key Pivot Levels (TipRanks)

Support: ~$0.72–$0.73 (including 20‑day EMA)

Resistance: ~$0.75 (intraday high), followed by $0.77–$0.78

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🎯 Trading Strategy

🟢 Swing / Position Long

Entry Zone: $0.725–$0.735 (buy on dip toward 20–50-day MAs)

Stop Loss: ~$0.715 (just below intraday low/support)

Targets:

1. TP1: $0.750 (today's high/resistance)

2. TP2: $0.780–$0.790 (psychological + fib zone)

3. Extension: $0.820+ (on strong breakout/market-wide rally)

⚡ Intraday Momentum Trade

Breakout Entry: Above $0.750 with volume

Stop: ~$0.740

Target: $0.775, extend to $0.790+

#TradingStrategyMistakes