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Technical analysis by RashidHamada about Symbol ADA: Buy recommendation (4/12/2025)

https://sahmeto.com/message/3406327
RashidHamada
RashidHamada
Rank: 35211
0.5

Cardano (ADA) - 1D

:Buy
Price at Publish Time:
$0.63139
Profit Target:
(+5.36%)$0.6652
Stop Loss Price:
(+1.52%)$0.641
Buy،Technical،RashidHamada

ADA has recently broken out of a Falling Wedge pattern, which is a bullish technical pattern. After trading within this pattern for some time, ADA successfully surpassed the resistance level, indicating potential upward momentum. This breakout suggests that buyers are gaining control, and the price may continue to rise in the near term. targets to watch: - $0.6652 - $0.8413 - $1.1337we have reached the first target.we have reached the second target.

Source Message: TradingView
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