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🚀 $ADA /USDT Analysis – Bullish Momentum Gaining
🔹 Current Price: $0.7427 🔹 Key Resistance: $0.7663 🔹 Key Support: $0.7379
Market Structure & Bullish Momentum
Cardano (ADA) is in a strong uptrend, breaking past key resistance levels while maintaining higher lows. The price recently bounced off a trendline and has cleared a major resistance zone, confirming bullish momentum.
Trade Setup & Entry Strategies
🔹 Long Entry:
✅ Breakout Entry: Enter if price closes above $0.7500, confirming further upside.
✅ Pullback Entry: If price retests $0.7400-$0.7420 and holds, it’s a valid long entry.
🎯 TP1: $0.7550 🎯 TP2: $0.7663 🛑 Stop Loss: Below $0.7379
Key Insights
📌 Bullish Breakout Confirmed – ADA has broken above a strong resistance level.
📌 Trendline Support Holding – The uptrend is still intact, suggesting further gains.
📌 Potential Retest Before Rally – A minor pullback could offer better entry levels.
Market Outlook
If ADA holds above $0.7400, a continuation towards $0.7663 is likely. A break below $0.7379 could lead to a short-term retracement. Trade smart & manage risk! 🚀
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