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Technical analysis by melikatrader94 about Symbol ADA: Buy recommendation (7/5/2025)

https://sahmeto.com/message/3616000
melikatrader94
melikatrader94
Rank: 1739
2.4
Buy،Technical،melikatrader94

Hello guys! Cardano’s been stuck inside this big descending triangle for months. We had a fake breakout a while back that totally failed. Now, price is back at support and showing bullish divergence. That’s usually a sign sellers are getting tired. If buyers step in here, I’m expecting a move back up toward 0.67–0.70 (top of the triangle). But if it loses the 0.53 support, that setup’s off the table. Bias: Leaning bullish 🎯 Target: 0.67–0.70 Invalidation: Clean break below 0.53 Let’s see how this plays out.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$0.7
Stop Loss Price
$0.53
Price at Publish Time:
$0.57476
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