➡️Among the digital currencies that have seen a strong increase in buying pressure is Cardano (ADA), where the trading price reached $0.38.
The current price is undergoing some correction. If we follow the blue level on the chart, we will notice that there is a support level that has been strongly broken.
Currently, we are witnessing a retest of this level, and accordingly, the best long-term buy entry areas might be:
➡️$0.32 ➡️$0.30
And the targets we aim for are:
➡️$0.338 ➡️$0.365 ➡️$0.410
We will set a stop loss in case a daily candle closes below the blue level.