Cardano $ADA ) Breakout Alert! 🚀
Cardano has successfully broken above the falling wedge pattern on the 4-hour chart! 👀
The price is currently testing the $1.110 resistance level
a key hurdle for further upside momentum.
🔑 Next Targets:
$1.170
$1.240
$1.325
Next Move:
If the price holds above $1.110 and breaks past the resistance
expect a push towards the target levels.
Watch for pullbacks for potential re-entry at $1.110 or slightly lower levels near $1.080 to $1.090.
Stay alert for any signs of reversal or consolidation as ADA reaches these levels.
Risk Management:
Always use stop-loss orders around the recent support at $1.050 to minimize downside risk.
Momentum looks bullish,
but be cautious as price approaches resistance zones. Keep a close eye on the price action!
Happy trading!
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