$ADA /USD Alert: Big Move Incoming 🚨

Current Price: $0.9507 (+18.82%)

Cardano ($ADA) is trading in a bullish trend, breaking key resistance levels and signaling further upside potential.

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Trade Setup

Long Trade:

Entry: $0.9500

Targets:

Target 1: $0.9750

Target 2: $0.9900

Target 3: $1.0100

Stop Loss: $0.9300

Short Trade (on rejection):

Entry: $0.9400

Targets:

Target 1: $0.9100

Target 2: $0.8900

Stop Loss: $0.9600

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Pattern Analysis

Trend: Bullish momentum is strong, marked by higher highs and higher lows.

Key Resistance Levels:

Watch $0.9884 for signs of a breakout; this would confirm a rally toward $1.00 and beyond.

A rejection here could lead to a pullback, offering short-term selling opportunities.

Risk Management:

Always use stop-loss orders and manage your position size to minimize risks.

Note: Market conditions can change rapidly. Ensure you monitor price action closely.

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