$ADA (Cardano)
Headline: The Academic is Quiet.
Market Overview:
Down 2.12%. Rs2.8T in volume, which is moderate. The development pace is steady, but the price action is lagging compared to faster chains.
Pro Trader Tip:
Patience is key with ADA. It moves in slow, deliberate waves. Look for Wyckoff accumulation patterns on the 4H chart before entering.
Key Levels:
· Support: Rs75
· Resistance: Rs80.50
Insights:
· Short Term: Bearish pressure, needs to hold Rs75.
· Long Term: The Voltaire era (governance) is the next big unlock.
Trade Targets (Swing):
1. Rs79
2. Rs83
3. Rs88
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