🚨 $ADA Price Breakout – Big Moves Ahead! 🚨
Cardano ($ADA ) is showing remarkable strength, trading at $1.2838, up by an impressive 10.61% over the last 4 hours. After reaching a 24-hour high of $1.3264, ADA is now consolidating, hinting at its next directional move.
Key Levels to Watch:
Immediate Support: $1.1832
A break below this level could lead to a pullback, testing lower zones of support.
Major Resistance: $1.3264
This level acts as a cap for further upside. A breakout here could ignite the next rally.
Three Targets for Traders:
1. Target 1: $1.3500 – A short-term resistance zone for quick profit-taking.
2. Target 2: $1.4000 – A critical level marking bullish continuation if ADA sustains momentum.
3. Target 3: $1.4500 – A strong milestone that could attract further buying pressure.
Trade Setup:
Long Entry: Above $1.3264, targeting $1.3500, $1.4000, and $1.4500.
Short Entry: Below $1.1832, aiming for $1.1000 and $1.0567.
Stop Loss: Place at $1.2500 to manage risk.
ADA is exhibiting strong bullish momentum, making it a key asset to watch for its next breakout!