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

Cardano’s price action is holding firm above the high-time-frame support at 0.766, a critical zone that continues to underpin the broader bullish structure. This level has acted as a strong demand region, with buyers stepping in to defend it multiple times — signaling sustained confidence from market participants. The formation of consecutive higher highs and higher lows further confirms that the prevailing trend remains bullish on both the mid and higher time frames. From a technical standpoint, the 1.618 Fibonacci extension has been respected throughout the recent rally, suggesting that ADA is following a well-defined harmonic rhythm. The confluence of rising moving averages and volume support also reinforces the bullish narrative, indicating that any minor pullbacks may serve as healthy retracements within the uptrend. As long as the 0.766 support level continues to hold, the next key objective for buyers lies around 0.927, where a potential reaction or short-term consolidation could occur. Overall, Cardano maintains a structurally bullish outlook, with the current setup favoring a continuation toward higher targets as momentum and trend alignment stay intact.