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$ADA (Cardano) Technical Analysis: Consolidation after a local high 📊
Entry Range: $0.2385 – $0.2405
Bullish Breakout: $0.2450
Target 1 (TP1): $0.2480
Target 2 (TP2): $0.2550
Target 3 (TP3): $0.2700+
Stop Loss (SL): $0.2360
$ADA Currently in consolidation on the 1H (1-hour) chart, trading at $0.2413, with a slight intraday increase of +0.50%. The price action reveals a period of fluctuation: the asset reached a 24-hour high of $0.2496, then retraced and found support near the 24-hour low of $0.2388. The current pattern indicates the market is testing demand at lower levels to lay a solid foundation for a potential upward move.
$ADA #ADA #Cardano
#WCTCTradingChallengeShare8MUSDT ’s 24-hour trading volume is recorded at 167.44M ADA, approximately $40.98M USDT. To reignite a bullish push, ADA needs to regain and hold above the $0.2440 level, aiming for the previous local high around $0.2500.