holding with stop loss

$ADA
{spot}(ADAUSDT)
$ADA Surging 10%+! 🚀 Is it time to breakout or pull back?
​Analysis:
Cardano ($ADA) is showing strong bullish momentum today, gaining over 10% in the last 24 hours. Looking at the 1-hour chart, the price action is looking very healthy, but we are approaching some critical levels.
​Key Technical Insights:
​Price Action: ADA is currently trading around $0.3948, testing the local resistance near $0.3963.
​RSI Check: The RSI(10) is currently at 76, indicating that the asset is in the Overbought zone. While the trend is strong, a short-term cooling-off period or minor correction wouldn't be surprising.
​MACD: The MACD remains bullish with the signal line well below the MACD line, confirming that the buyers are still in control.
​Volume: We are seeing a solid increase in volume supporting this upward move, which adds credibility to the current pump.
​Price Targets:
​Resistance: A break above $0.4000 could open the doors for a rally toward $0.4200.
​Support: If we see a rejection, look for support around the $0.3730 (Middle Bollinger Band) area.
​What’s your move? Are you longing ADA here, or waiting for a dip? Let me know in the comments! 👇
​#ADA #Cardano #CryptoTrading #TechnicalAnalysis #BinanceSquare #Altcoins #BullRun