๐ $ADA
/USDT Technical Analysis โ Key Levels to Watch
Cardano (ADA) has been showing strong momentum, trading at $1.1393 with a +5.69% increase in the past 24 hours. Hereโs a quick breakdown of key metrics and insights:
๐ธ 24h High: $1.1463
๐ธ 24h Low: $1.0575
๐ธ 24h Volume: 198.71M ADA / 219.32M USDT
Key Levels:
Resistance: $1.1500 โ A breakout above this level could signal further upward movement.
Support: $1.1000 โ This level is critical for maintaining the bullish trend.
Trend Analysis:
ADA continues to gain traction, forming higher lows and higher highs.
Short-term traders can monitor the 15m and 30m charts for breakout signals, while long-term traders should focus on the 4h and 1D timeframes to identify sustained trends.
๐ Opportunity: If ADA breaks above $1.1463, it could aim for new highs. Watch for increased trading volume as a confirmation signal.
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