🟢 $ADA — LONG on pullback
Cardano (ADA) is up ~6% today to $0.2312, breaking through the key $0.22 resistance level that analysts have been watching closely — MACD has turned positive and the Awesome Oscillator is rising, both signs the early-September sell-off (driven by a sharp 37% drop in weekly active addresses that triggered $1.28M in long liquidations) may be exhausting. On the fundamental side, Cardano's governance system just enacted a committee renewal vote on Sept 6, keeping progress toward the upcoming Dijkstra hard fork on track. A confirmed breakout above $0.22 opens the door toward $0.24+.
💰 Entry: $0.2200–0.2230
🎯 TP1: $0.2312
🎯 TP2: $0.2400
🎯 TP3: $0.2500
🛑 SL: $0.2120
🚀 Leverage: 2–3x
Key level: $0.2200 (former resistance, now support). Hold above → continuation toward TP2/TP3 possible. Loss of $0.2200 → wait for retest before re-entering.
#ada #Cardano #long #signal #trading
Cardano (ADA) is up ~6% today to $0.2312, breaking through the key $0.22 resistance level that analysts have been watching closely — MACD has turned positive and the Awesome Oscillator is rising, both signs the early-September sell-off (driven by a sharp 37% drop in weekly active addresses that triggered $1.28M in long liquidations) may be exhausting. On the fundamental side, Cardano's governance system just enacted a committee renewal vote on Sept 6, keeping progress toward the upcoming Dijkstra hard fork on track. A confirmed breakout above $0.22 opens the door toward $0.24+.
💰 Entry: $0.2200–0.2230
🎯 TP1: $0.2312
🎯 TP2: $0.2400
🎯 TP3: $0.2500
🛑 SL: $0.2120
🚀 Leverage: 2–3x
Key level: $0.2200 (former resistance, now support). Hold above → continuation toward TP2/TP3 possible. Loss of $0.2200 → wait for retest before re-entering.
#ada #Cardano #long #signal #trading
