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Cardano ($ADA) Stuck in a Range – A Big Move Is Coming!

Cardano ($ADA) is currently consolidating within a narrow channel, with key resistance at $0.77 and strong support at $0.69. This range-bound movement indicates that a breakout or breakdown is imminent, and traders are closely watching these critical levels.

Will ADA Break Out or Break Down?

If $ADA breaks above $0.77, it could trigger a bullish rally, pushing the price toward $0.85 or higher. On the flip side, a break below $0.69 may lead to further declines, possibly testing lower support levels around $0.65.

What to Watch For

  • Volume Spike: A breakout with strong volume confirms momentum.
  • Market Trends: Bitcoin’s movement could influence ADA’s direction.
  • Support & Resistance: Holding above $0.69 keeps bulls in the game, while rejection at $0.77 signals weakness.

For now, ADA remains in a neutral zone, but once a breakout occurs, expect increased volatility and a decisive trend shift.


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