๐ฅ $ADA/USDT โ CARDANO SHOWING SIGNS OF A STRONG REVERSAL: BULLS REGAIN CONTROL! ๐
Cardano (ADA) has bounced back from its $0.60 support zone, reclaiming strength above $0.64 with a +1.4% uptick in the last 24 hours. Despite recent bearish pressure over the past month, the structure now hints at a potential bullish reversal, supported by stabilizing momentum and a positive MACD crossover. If ADA can close above $0.66โ$0.68, a strong rally toward $0.70+ is on the horizon.
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๐ Trade Setup
Entry Zone: $0.635 โ $0.650
Take Profit 1: $0.685
Take Profit 2: $0.710
Take Profit 3: $0.745
Stop Loss: $0.610
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๐ Market Outlook
ADAโs MACD is turning positive, signaling early accumulation. MA(5) approaching MA(10) shows short-term bullish momentum gaining traction. A breakout above $0.68 resistance could confirm trend reversal, paving the way for a test of $0.74 and potentially $0.80 in the coming sessions. Volume recovery indicates growing buyer confidence, making this an ideal accumulation zone before a potential leg up.
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#Cardano #ADA #cryptotrading #Altcoins๐๐ #BullishSetup
