$ADA Rapid Riser 🚀
Have you ever noticed how price often goes quiet before choosing a direction? 👀
I’ve been revisiting #Cardano (ADA) recently—not only for its Proof-of-Stake foundation and strong development focus, but also for how price is behaving right now on the lower timeframe.
After testing higher levels earlier, the market cooled down and is now hovering around 0.3868. On the 15-minute chart, price is moving sideways with controlled volatility, suggesting balance rather than panic. Buyers are still defending the lower range, while sellers are struggling to push decisively below it.
This type of structure usually reflects accumulation or preparation before a clearer move.
Key levels from the chart:
Key support zone: 0.3820 – 0.3840
Immediate resistance: 0.3920 – 0.3980
For higher capital trades, wider and more patient targets tend to work better than tight scalps. Based on the current structure:
🎯 TP1: 0.3890 – 0.3910
🎯 TP2: 0.3920 – 0.3950
🎯 TP3: 0.3960 – 0.3980
🛑 SL: Below 0.3810
Trade Direction: Wait for confirmation, not emotion.
