COIN: $ADA
SIGNAL TYPE: LONG
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ADA CAN GO MORE?
This chart shows the 1-hour price action of Cardano (ADA) against USDT. The EMA ribbon indicates strong bullish momentum, with price trading above multiple exponential moving averages. The Supertrend indicator is green, confirming an uptrend. A recent pullback suggests possible profit-taking but remains within bullish territory. So ADA can reach more in my opinion.
I discussed this chart in another post, highlighting that the overall TOTAL3 trend is bullish, which is a positive sign for altcoins, including ADA.
Trade Setup:
Entry Range: 1.0556 - 1.0751
Target Levels: 1.1339 , 1.1860 , 1.2441
Leverage: 5x
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