The giant $ADA saw a long liquidation at $0.3773. This is a major support test for Cardano. Whenever a top-tier coin dips like this to clear leverage, it usually bounces back very reliably. ♻️
The $0.37 region is a fortress for buyers. The panic sellers are out, and the institutional money is likely placing limit orders right now. We expect a slow and steady grind back up towards the $0.40 mark. This is a safe and solid play for patient traders!
Here is the solid setup:
Ep (Entry Price): $0.3750 - $0.3790 (Buy the support)
Tp (Take Profit):
$0.3950 (First target) 🎯
$0.4200 (Breakout zone) 🚀
$0.4500 (Bull run target) 💸
SL (Stop Loss): $0.3650 (Protect capital)
ADAUSDT
Perp
0.3467
-3.10%