Cardano (ADA/USD): Facing Key Resistance After Recent Surge
Cardano (ADA/USD): Facing Key Resistance After Recent Surge
Cardano CRYPTO:ADAUSD
FinCaesar’s Strategy:
Long: Above $1.08, targeting $1.15 and $1.20. A breakout with volume could confirm bullish continuation.
Short: Below $1.00, aiming for $0.90 and $0.85. Failing to hold $1.00 support may lead to further declines.
FinCaesar’s Commands:
Resistance: $1.08. A move above this level could fuel bullish sentiment.
Support: $1.00. Breaching this level may signal the start of a bearish correction.
Cardano is consolidating after a significant rally, with MACD showing signs of weakening momentum. Traders should watch key levels closely as market sentiment remains volatile.
“Precision in execution separates the bold from the ordinary.” — FinCaesar
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