Mun34502

$ADA



Hey Binance Square family! 👋

Cardano (ADA) is currently trading at $0.796, showing signs of a potential bullish breakout. Recent technical analysis indicates that ADA has broken out of a consolidation pattern, suggesting a possible upward movement towards the $1.30 mark.

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📊 Current Market Snapshot

Current Price: $0.796

24h High / Low: $0.831 / $0.775

Market Cap: $28.07 Billion

24h Volume: $1.45 Billion

Circulating Supply: 35.31 Billion ADA

All-Time High: $3.10 (September 2021)

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🔍 Technical Analysis

The recent breakout from the consolidation pattern suggests a bullish trend for ADA. Analysts are eyeing the $1.30 level as the next significant target, based on the AB=CD harmonic pattern.

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🎯 Trade Setup

Entry Price: $0.79

Stop Loss: $0.75

Take Profit Targets:

TP1: $0.85

TP2: $0.95

TP3: $1.05

TP4: $1.15

TP5: $1.30

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🧠 About Cardano (ADA)

Cardano is a decentralized platform that enables smart contracts and decentralized applications (dApps) to be built and operated without any downtime, fraud, control, or interference. It has been instrumental in the rise of decentralized finance (DeFi) and non-fungible tokens (NFTs).

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⚠️ Disclaimer

This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.

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Stay tuned for more updates, and happy trading! 🚀