Cardano (ADA) — Price Action Looking Strong 👀
Cardano just had a huge dip into the support zone. That’s exactly what you want to see from a healthy market setup.
This move likely cleared out weak hands and filled some serious buy orders in that $0.34–$0.36 range. The bounce that followed shows there’s still strong demand sitting underneath.
If ADA can hold above this zone, I wouldn’t be surprised to see it build momentum in the coming weeks as Bitcoin continues to push higher. Historically, ADA tends to lag a bit, but once it catches fire, it runs fast.
This might honestly be one of the last chances to grab ADA cheap before a bigger breakout move.
Key areas I’m watching:
🔹 Support: $0.20–$0.40 (liquidity sweep zone)
🔹 Next resistance: $1.33+ (psychological and structural breakout zone)
🔹 Bigger breakout target: $3.00-$5.00+ (breaking previous ATH if BTC keeps leading)
Not financial advice, but the setup looks clean. Structure’s shifting, liquidity’s cleared, and sentiment’s turning — this is where smart money usually starts paying attention.
Cardano just had a huge dip into the support zone. That’s exactly what you want to see from a healthy market setup.
This move likely cleared out weak hands and filled some serious buy orders in that $0.34–$0.36 range. The bounce that followed shows there’s still strong demand sitting underneath.
If ADA can hold above this zone, I wouldn’t be surprised to see it build momentum in the coming weeks as Bitcoin continues to push higher. Historically, ADA tends to lag a bit, but once it catches fire, it runs fast.
This might honestly be one of the last chances to grab ADA cheap before a bigger breakout move.
Key areas I’m watching:
🔹 Support: $0.20–$0.40 (liquidity sweep zone)
🔹 Next resistance: $1.33+ (psychological and structural breakout zone)
🔹 Bigger breakout target: $3.00-$5.00+ (breaking previous ATH if BTC keeps leading)
Not financial advice, but the setup looks clean. Structure’s shifting, liquidity’s cleared, and sentiment’s turning — this is where smart money usually starts paying attention.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.