$ADA

ADA/USDT - Key Levels & Trade Setup 🔍

Cardano (ADA) is showing signs of life after a sharp dip, currently trading around $0.9851 on the 1-hour chart. The price recently bounced from strong support at $0.9500, indicating buyers are stepping in at lower levels. However, $1.00 is the immediate resistance, and bulls need a clean breakout above this psychological level to confirm further upside.

If ADA pushes above $1.00, we could see a move toward $1.05, the next key resistance where sellers previously dominated. On the flip side, if the price fails to hold above $0.95, further downside toward $0.9170 (24h low) is likely.

Trade Strategy:

Bullish Entry: Look for a breakout above $1.00 with strong volume, targeting $1.05.

Bearish Scenario: Watch for a rejection at $1.00 or a break below $0.95 for potential shorts toward $0.9170.

ADA is at a crucial decision point—will the bulls regain control, or will sellers push prices lower? Stay sharp, monitor these key levels, and trade smart! 📈

#BinanceAlphaTop5 #MarketPullback #MarketCorrectionBuyOrHODL? #USUALTradingOpen #Write2Earn!