The market is showing a decisive shift on Cardano ($ADA). We have a confirmed, high-momentum LONG signal.
ADA: Momentum Confirmed – Targeting High Resistance 🟢
Current Live Price: ~$0.4791 USDT
Cardano has staged an 11.47% move today, breaking out of a long consolidation period. The short-term technical indicators show a Strong Buy consensus, confirming the bullish conviction is real.
| Parameter | Value |
| Direction | LONG 🟢 |
| Entry Range | $0.4750 - $0.4850 USDT |
| Stop Loss (SL) | $0.4500 USDT 🛑 |
| Take Profit (TP) 1 | $0.5050 USDT |
| Take Profit (TP) 2 | $0.5250 USDT |
Market Commentary
The current price action on ADA is a breakout confirmation, fueled by high volume and a Strong Buy signal across most short-term moving averages. Bulls have absorbed the earlier resistance, and the price is now testing the daily high.
We are entering on a minor pullback into the current demand zone ($0.475–$0.485) to catch the continuation toward the next major psychological level at $0.5050. The second target is the heavy resistance at $0.5250. The stop loss is positioned below the recently confirmed support at $0.4500 to manage risk on a false breakout. This setup provides a good R:R profile for the momentum continuation.
Leverage: 10x to 20x$ADA
Trade now 👇👇🔥🎯
