buy on weakness

Cardano Eyes $3 After Golden Cross — $1.50–$2 More Likely Near-Term

I see Cardano’s reclaim of $1 and the formation of a Golden Cross as a clear bullish signal that has reignited momentum. The price action and indicators (RSI above 50, MACD bullish) suggest continuation is plausible if volume supports the move.

That said, I consider a $3 target within the realm of possibility only if breakout volume and follow-through remain very strong; more realistic near-term milestones are $1.17–$1.43, then $1.50–$2.00 before any stretch to $3.00.

I will respect the $0.84 support as the key invalidation zone and expect short-term pullbacks around major resistance; I prefer adding on weakness rather than chasing the current spike.

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Analysis

The Golden Cross and bullish momentum indicators support continuation, but history shows large rallies can retrace quickly without sustained volume. Immediate resistance sits at $1.17–$1.18 with highe...

Recommendation

Prefer buying on weakness near established support levels (around $0.84–$1.00) and scale into positions on confirmed closes above $1.18 with volume; manage risk with stops below $0.84 and partial prof...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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