$ADA
🔵 CARDANO (ADA) – Price Update & Short-Term Trading Strategy
📈 Current Market Snapshot
Live Price: $0.2799 USD (+0.43% in last 24h)
Market Cap: ~$10.09B
24H Volume: ~$400M
Circulating Supply: ~36.06B ADA
Cardano is currently trading in a tight range, showing mild intra-day strength but lacking broad breakout momentum. The market remains range-bound due to low volume and neutral indicators.
Market Structure Levels
🔹 Immediate Resistance: $0.285 – $0.290
🟡 Current Zone: $0.275 – $0.280
🔴 Key Support: $0.265 – $0.270
Market looks choppy — price struggling to reclaim higher levels while respecting short-term support.
Bullish Scenario (Short-Term)
Entry: $0.280 – $0.282
Targets:
✔️ TP1 — $0.290
✔️ TP2 — $0.300
Stop Loss: $0.270
📌 If ADA can hold above the current range and break above $0.285 with volume, it could attract buyers toward higher resistance. Momentum would improve if Bitcoin also shows strength.
Bearish Scenario (Rejection)
Entry (Short): Below $0.270 close on 1H
Targets:
✔️ TP1 — $0.260
✔️ TP2 — $0.250
Stop Loss: $0.285
📌 If price breaks key support levels with volume, downside risk increases toward last demand zone.
🟡 Range Trade (Sideways)
If ADA continues to oscillate without clear breakout:
• Buy near support $0.265 – $0.270
• Sell near resistance $0.285 – $0.290
• Tight Stop Loss: $0.260
⚠️ Risk Management
✔️ Risk 1–2% per trade
✔️ Confirm breakout/breakdown with volume
✔️ Monitor BTC and broader market sentiment