ADA USDT
2025-01-16
Category: None

💰 #ADA (Cardano)
Cardano ( CRYPTOCAP:ADA ) has broken out of a falling wedge pattern, signaling a bullish continuation. The price has established a strong support zone at $0.8875, providing an excellent long entry opportunity 🚀.

Price Targets:
🎯 Target 1: $1.4558
🎯 Target 2: $1.6395
🎯 Target 3: $1.8608

The breakout confirms bullish momentum, with potential for significant upside as the targets are approached 🔥.

Key Strategy:
For Buyers:

Enter long positions near $1.000-$1.050, targeting the first resistance at $1.4558.
Stop Loss: Below $0.8875 to limit downside risks.
For Holders:

Maintain positions for the medium-term targets of $1.6395 and $1.8608 as the bullish trend strengthens.
