$ADA
Cardano (ADA) is showing some green signs today with a +3.07% move. It’s currently trading at $0.248, trying to break the immediate resistance of $0.25.
🔹 Resistance: $0.255 & $0.280
🔹 Support: $0.230 & $0.215
🔹 Status: Accumulation Zone (Slow but steady)
Trading Tip:
If it holds above $0.25, we could see a quick rally towards $0.30+. However, if it fails to stay above $0.23, expect a further dip. Safe entry would be after a solid 4H candle close above $0.25.
Price ($)
^
0.30 | [Target: $0.30]
| /
0.28 | ____/ (Resistance 2)
| |
0.25 | ___|___ <-- Current Price ($0.248)
| | 🟢 | (Trying to break $0.25)
0.23 | ---|-------|--- [Strong Support]
| | 🔴 |
0.21 | ---|-------|--- [Last Defense]
|_________________________________> Time
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