Cardano poised to test $1 as momentum builds
I believe Cardano (ADA) has a clear shot at testing $1 as bullish momentum and improving on-chain activity push the price higher. The market sentiment and technical setup suggest an upside push toward that psychological level.
I plan to watch volume and confirmations closely and scale in rather than committing all at once, using stops below recent support to manage risk.
Analysis
Recommendation
I recommend a strong buy stance implemented via phased accumulation on strength or on dips, with position sizing and stop-loss orders below recent support to limit downside risk.
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.