$ADA /USDT – Eyeing a Recovery! 🚀

Current Price: $0.8876 (+0.81% in the last 24 hours)

Cardano ($ADA ) shows signs of consolidation near key support levels, presenting an opportunity for a potential upside move.

📊 Key Trading Data

24h High: $0.9123

24h Low: $0.8731

24h Volume (ADA): 87.38M

24h Volume (USDT): 77.98M

7-Day Performance: -1.59%

30-Day Performance: -11.46%

90-Day Performance: +119.81%

🎯 Key Levels to Watch

Entry Zone: $0.8800–$0.8950

Target 1: $0.9123 (Immediate Resistance)

Target 2: $0.9500 (Mid-term Resistance)

Target 3: $1.0000 (Psychological Resistance)

Stop Loss: $0.8700 (Below Support Zone)

📈 Why Consider This Trade?

1. Layer 1 Strength: ADA remains a leading blockchain platform with a strong ecosystem.

2. Volume Momentum: Trading volume at $77.98M suggests active participation.

3. Rebound Potential: Holding above $0.8731 indicates buyer interest at key levels.

💡 Pro Tip

Manage risk by setting a stop loss at $0.8700. If the price hits $0.9123, move stop loss to breakeven and consider partial profit-taking at $0.9500.

⚠️ Risk Reminder

If $ADA/USDT closes below $0.8700, it may signal further downside.

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