🚨 $ADA /USDT ALERT: Key Levels in Focus – Watch for Breakout! 🚨
Cardano ($ADA ) is currently trading at $1.1314, up 4.27%, after hitting a 24-hour low of $1.0728 and a high of $1.1819. The price is consolidating near pivotal levels, indicating potential for a breakout or retracement.
💡 Key Levels to Watch:
Resistance 1: $1.1500 – A breakout above this level may attract bullish momentum toward the next target.
Resistance 2: $1.1800 – Clearing this resistance could push ADA toward the $1.2000 psychological mark.
Support: $1.1000 – Holding this support is crucial to avoid a pullback to $1.0700.
📊 Targets for ADA/USDT:
1️⃣ $1.1500 – Immediate resistance for a short-term breakout.
2️⃣ $1.1800 – Medium-term target on sustained buying.
3️⃣ $1.2000 – Long-term upside target if bullish momentum continues.
⚠️ Risk Note: A failure to hold above $1.1000 could result in a deeper correction toward $1.0700. Manage trades carefully amid market volatility.