ALERT 🚨
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Coin: $ADA (Cardano)
Timeframe: 1–3 days
Risk Level: Medium
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Buy Zone:
$0.78 – $0.80
(Current price around $0.802)
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Targets:
TP1: $0.84 — near recently broken resistance ($0.80 zone)
TP2: $0.90 — next psychological and technical level
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Stop Loss:
$0.77 — just below strong support
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Analysis:
$ADA has recently broken above the $0.80 resistance, supported by a newly approved $71M community upgrade — a bullish catalyst signaling potential continuation .
Analysts are pointing to a falling wedge breakout, estimating a possible 52% rally toward $1.20 in the near term .
Short-term bullish momentum is building: forecasts suggest ADA could move to $1.20, with some models even projecting long-term potential toward $2.90 .
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Note:
This is not financial advice — purely for educational purposes. Use appropriate risk management, position sizing, and stop losses. Market conditions can shift quickly, so stay vigilant! #dyor