๐Ÿ“Š $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. Hereโ€™s a quick breakdown of key metrics and insights:

๐Ÿ”ธ 24h High: $1.1463

๐Ÿ”ธ 24h Low: $1.0575

๐Ÿ”ธ 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.

๐Ÿš€ 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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#Binance #Cardano #ADA #CryptoTrading