$ADA /USDT Technical Analysis 🔗
Current Price: $0.9178 (+4.70%)
Cardano rebounded sharply from its low of $0.8589, reaching a high of $0.9425. However, the price is now consolidating near the $0.92 level, indicating potential for further moves.
Key Levels to Watch:
📈 Resistance: $0.9425 (recent high)
📉 Support: $0.8850
Trading Plan:
A breakout above $0.9425 could push prices toward $0.9600.
Consider partial profit-taking near $0.9400 to secure gains.
Set a Stop Loss at $0.8850 to protect against pullbacks.
ADA is showing bullish momentum, but watch for confirmation above resistance levels!