🚨 Cardano ($ADA ) Quick Trade Update 🚨
🔹 Current Price: $0.7969
📊 Technical View:
Major support: $0.78 – $0.80
Key resistance: $0.84 – $0.88
Indicators still show slight bearish pressure.
💡 Long (Buy) Setup
👉 Entry: After breakout & close above $0.88
👉 Stop-loss: Below $0.75
👉 Targets: $0.95 – $1.00, next $1.10+
⚡ Short (Sell) Setup
👉 Entry: If price breaks below $0.80 or rejects near $0.88
👉 Stop-loss: Above $0.92
👉 Targets: $0.68 – $0.70, next $0.55 – $0.60
✅ Quick Shortcut:
Above $0.88 with strong volume → Long
Below $0.80 with volume → Short
Risk-reward: Minimum 1:2
📌 Always use strict stop-loss & manage your risk.