🚀 $ADA ADA/USDT SURGES: Trading at $1.1962 – New Highs on the Horizon? 🚀

Cardano (ADA) is soaring, up 11.61%, currently trading at $1.1962 after reaching a 24-hour high of $1.2259. With strong bullish momentum, ADA is eyeing further gains as it breaks key levels.

Key Levels to Watch:

Resistance: $1.2259 – A breakout above this could push ADA to $1.30, $1.35, and even $1.40.

Support: $1.0557 – If ADA retraces, holding this level will be critical to maintain bullish sentiment. A break below might lead to $1.00.

Trade Setup:

Long Entry: Consider entering above $1.20, targeting resistance levels for profit-taking.

Short Entry: A break below $1.05 could trigger a pullback toward $1.00.

Stop Loss: Set stops below $1.10 for longs and above $1.23 for shorts.

⚠️ Note:

ADA’s strong volume and bullish trend suggest a possible continuation, but traders should watch for overbought signals and market-wide shifts.

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