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Technical analysis by PouyanTradeFX about Symbol ADA: Buy recommendation (4/6/2025)

https://sahmeto.com/message/3391914
PouyanTradeFX
PouyanTradeFX
Rank: 1851
2.1

ADAUSD - ANALYSIS

Buy
Price at Publish Time:
$0.63656
Profit Target:
(+40.43%)$0.8939
Stop Loss Price:
(-28.21%)$0.457
Buy،Technical،PouyanTradeFX

👀 Observation:Hello, everyone! I hope you're doing well. I’d like to share my analysis of Cardano (ADA-USD) with you.Looking at the Cardano chart, I expect that if we close the weekly candle above 0.622, the price could increase towards the target of 0.8939. However, if the weekly candle closes below 0.622, I anticipate further price decline with a target of 0.4570.📉 Expectation:Bullish Scenario: Weekly close above 0.622 → price moves towards 0.8939.Bearish Scenario: Weekly close below 0.622 → price declines towards 0.4570.💡 Key Levels to Watch:Support: 0.4570Resistance: 0.622, 0.8939💬 What do you think about Cardano (ADA-USD) this week? Let me know in the comments!Trade safe

Source Message: TradingView
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