$ADA /USDT Technical Analysis šŸ”—

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:

šŸ“ˆ Resistance: $0.9425 (recent high)

šŸ“‰ 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!

#CryptoTrading #ADAUSDT #Cardano #Binance