Cardano continues to hold the $0.50 zone — a critical level previously acting as resistance, now confirmed as support after multiple successful retests. Structure has shifted bullish with a new higher high and a potential higher low forming in this confluence region. Volume has steadily increased, signaling accumulation.
If ADA maintains this level, the next major resistance lies at $1.13, a previous supply zone that caused a sharp rejection. A breakout above $1.13 opens the path toward $2.00. Momentum is building — confirmation comes with a clean daily or weekly close above resistance.
Key Levels:
Support: $0.50
Resistance 1: $1.13
Resistance 2: $2.00
Structure: Higher high in place; watching for higher low confirmation
Break and hold above $1.13 will confirm bullish continuation toward higher targets.
If ADA maintains this level, the next major resistance lies at $1.13, a previous supply zone that caused a sharp rejection. A breakout above $1.13 opens the path toward $2.00. Momentum is building — confirmation comes with a clean daily or weekly close above resistance.
Key Levels:
Support: $0.50
Resistance 1: $1.13
Resistance 2: $2.00
Structure: Higher high in place; watching for higher low confirmation
Break and hold above $1.13 will confirm bullish continuation toward higher targets.
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Join the Free Trading Group
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Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
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Trade with perks & support the community!
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Stay sharp, trade smart.
— Team The Alchemist ⚔️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.