Cardano (ADA/USD): Facing Key Resistance After Recent Surge
🔥 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
🩸 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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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.