Cardano (ADA): Testing Major Resistance
🩸 Long: Above $1.10, aiming for $1.15 and $1.20 as bullish targets.
🩸 Short: Below $1.00, targeting $0.95 and $0.90 for potential downside.
🩸 Resistance: $1.10. Breaking this level signals further upside to $1.15 and $1.20.
🩸 Support: $1.00. Falling below exposes $0.95 and $0.90 as critical support levels.
🩸 Analysis: Cardano has rebounded strongly and is approaching key resistance at $1.10. The MACD is turning positive, signaling potential bullish momentum. However, volume confirmation is crucial for a sustained breakout. Failure to hold $1.00 may result in a pullback toward lower support zones.
👑 "Strength lies in patience—those who wait seize the rewards."
🩸 Short: Below $1.00, targeting $0.95 and $0.90 for potential downside.
🩸 Resistance: $1.10. Breaking this level signals further upside to $1.15 and $1.20.
🩸 Support: $1.00. Falling below exposes $0.95 and $0.90 as critical support levels.
🩸 Analysis: Cardano has rebounded strongly and is approaching key resistance at $1.10. The MACD is turning positive, signaling potential bullish momentum. However, volume confirmation is crucial for a sustained breakout. Failure to hold $1.00 may result in a pullback toward lower support zones.
👑 "Strength lies in patience—those who wait seize the rewards."
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.