Cardano ($ADA /USDT) - Accumulation Zone
Signal: BUY (Long)
Entry Price: $0.425 - $0.435
Take Profit (TP): $0.46
Stop Loss (SL): $0.41
Description of the Elder Gods👇👇
ADA has been consolidating within a clear accumulation zone between $0.42 and $0.46 for the past week on the 1H chart. We are seeing a 'Bullish Engulfing' candle formation near the lower end of this range, indicating strong buying pressure. This setup is ideal for a rebound towards the upper boundary.
