🚨 $ADA Surges to $1.1044: Critical Resistance Break on the Horizon? 🚨
Cardano ($ADA ) is currently trading at $1.1044, with a notable 4.22% gain in the last 24 hours after rebounding from a strong support at $1.0522. The price peaked at a 24-hour high of $1.1123, where sellers have shown some resistance.
The next upside targets are closely placed at $1.1080 and $1.1120, signaling strong resistance zones that need to be breached for continued momentum. On the downside, support is sitting at $1.0933, providing a safety net for bulls. If ADA fails to hold above this level, a retest of $1.0712 is likely.
The RSI at 66.5 suggests the price is approaching overbought conditions, while the MACD is showing clear bullish momentum with rising histogram bars. If buying pressure persists, ADA could challenge the resistance and set up for a breakout above $1.1123. Traders should keep an eye on volume to confirm further upside.