$ADA Trading Setup:
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Technically, it's showing a bullish double bottom with strong support at $0.30, but it still hasn't broken through key resistance levels ($0.36-$0.37). Fundamentally, Cardano lags behind peers like $SUI and $SEI in daily transactions and total value locked. It needs a stronger narrative and momentum to attract new investors. I predict Cardano will stay in a consolidation phase ($0.34-$0.37) unless Bitcoin surges. A significant Bitcoin pullback could drop Cardano to $0.33. I recommend waiting for Bitcoin's cue before expecting significant upward movement from Cardano, potentially reaching $0.40-$0.43."
BP (Buy Point): $0.34-$0.37 (wait for Bitcoin's cue)
SL (Stop Loss): $0.33 (if Bitcoin pulls back significantly)
