š ADA is Booming! Are You Ready for the Next Level? š
Hey, crypto traders! š„
Cardano (ADA) just posted a massive +10.44% gain and is now trading around $1.06. The chart shows a solid bullish trend, but the question is: Can ADA break through $1.10?
š Technical Highlights:
ā Price is above all EMAs (8, 20, 50, 100, 200) = Bullish signal!
ā Volume has spiked significantly, indicating high buying interest.
ā Nearest support: $1,046 | Key resistance: $1.0723
Strategy:
Breakout hunter: Wait for a breakout above $1.0723, target $1.10+
Risk-taker: Buy on corrections near $1.046 support, tight stop-loss below EMA50.
š„ Market Sentiment:
Bullish vibes are dominant, but beware of consolidation at resistance levels.
What about you? Still HODL or ready to take action? Comment below to share your strategy! š¬
