Technical analysis by CryptoNuclear about Symbol ADA: Buy recommendation (7/10/2025)

🧠 Detailed Technical Analysis:Cardano (ADA) is currently consolidating within a well-defined Symmetrical Triangle pattern on the 3-day chart. This pattern is formed by a series of lower highs and higher lows, indicating compression and indecision in the market — a classic setup for a strong breakout in either direction.Price has recently bounced off the lower boundary of the triangle and is now heading toward the resistance trendline. A breakout from this structure could trigger a powerful bullish move if confirmed with volume.🔼 Bullish Scenario (Upside Breakout):A confirmed breakout above the descending trendline (~$0.65) with strong volume would indicate buyers regaining control.Key upside targets based on historical resistance zones and the triangle's height:🟡 $0.8144 – First major horizontal resistance🟡 $0.9386 – Mid-range resistance from March 2025🟡 $1.0920 – Former distribution zone🟡 $1.2118 – Medium-term bullish target🔵 $1.3264 – Key structural high from previous cycle🔔 A breakout from a symmetrical triangle often leads to significant price action due to the long period of coiled pressure release.🔽 Bearish Scenario (Breakdown):If ADA fails to break above $0.62–$0.65 and gets rejected from the upper boundary of the triangle, the price could:Revisit the lower trendline support around $0.55A breakdown below this zone could lead to:🔻 $0.48🔻 $0.39🔻 $0.2756 – A major psychological and historical support level⚠️ This scenario would invalidate the bullish structure and potentially resume the mid-term downtrend.📐 Pattern Breakdown – Symmetrical Triangle:Pattern Duration: ~6 months of consolidation (Feb – July 2025)Support Zone: $0.55 – $0.60Resistance Zone: $0.65 – $0.75Breakout Confirmation: Requires strong bullish candle close with increased volumeVolume Profile: Decreasing, typical of symmetrical triangle before explosive move💡 Final Thoughts:Cardano is at a make-or-break point. It has bounced from support and is attempting a breakout from this symmetrical triangle. If successful, this could mark the beginning of a major trend reversal with over +100% upside potential from current levels.On the flip side, failure to break resistance could lead to a deeper retracement. That’s why confirmation is critical before entering a position!#ADAUSDT #CardanoAnalysis #CryptoBreakout #SymmetricalTriangle #AltcoinSeason #BullishBreakout #BearishScenario #TechnicalAnalysis #CryptoChart #CryptoTrading #Altcoins