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ADAUSDT
Long Entry 0.8175 2025-09-04 13:21 UTC
Target 0.9500 Fail 0.7400
Risk/Reward 1 : 2
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ADAUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Range Market
The analyst discusses Cardano (ADA). He notes that it has been some time since the last coverage, but with relevant price action, he provides an update. He observes that Cardano tested a support level between 78 and 80 cents in a previous video analysis and calls this the most important level. This psychological support level aligns with the yearly and 90-day rolling VWAP. An uptrend is not considered possible at this time because the volume is low, and the open interest is also low. The price can increase 14% to a 95 cents target price, but the goal is stability right now. It has formed a bullish structure consolidating between 82.5 cents and 60 cents, and it is now consolidating higher. The analyst also references Cardano ETF. The 200 EMA on the 12H timeframe at 77.5 cents, daily timeframe at 75 cents.
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