ADA USDT#ADA Cardano is trading within a descending channel and is approaching a key Fibonacci retracement level at $1.0277, which aligns with the 0.618 level, indicating a potential rebound and bullish continuation.
Look for entries near the $1.0277 level upon a confirmed bounce.
Stop Loss: Below $0.8483 to manage risk effectively.
A breakout above the descending channel could accelerate upward momentum toward higher targets.
Targets: $1.5317
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