🚀 Cardano (ADA) Trade & Technical Analysis – Aug 20, 2025
ADA is trading around $0.84–$0.85, with mixed signals but big opportunities ahead 👀
🔍 Key Insights:
Support: $0.84 (critical zone)
Resistance: $0.91 – $0.95
Breakout Watch: A clear move above $1 could open the way to $1.80–$2.12 📈
Bullish Patterns: Bull flag + symmetrical triangle forming
On-Chain Data: Some selling pressure as realized P/L turned negative, but futures open interest is rising (bullish)
📊 Short-term: Slightly bullish if $0.91 holds
📊 Mid-term: Breakout above $1 = potential 100–150% rally
📊 Long-term: Targets up to $1.37–$3 depending on momentum
⚠️ Risk: Failure to hold $0.84 could drag price lower — stop-loss is key!
👉 ADA is gearing up for a big move. Will it smash past $1 and ignite a new rally?
#Cardano #ADA #Crypto #Altcoins