ADA/USDT | ADA Continues Higher, Bullish Structure Still Active!

By analyzing the #ADA chart on the 3D timeframe, we can see that after the previous analysis, Cardano followed the bullish scenario perfectly and delivered more than 15% growth, reaching the $0.29 region. Following this expansion, price entered a minor corrective phase and is currently trading around $0.28, showing healthy consolidation after the recent impulsive move.

From a structural perspective, the overall outlook still remains bullish and buyers continue defending higher levels. As long as ADA holds above the key demand zones, the probability of another bullish expansion remains high.

The nearest demand zones are now located around $0.265 – $0.275, with deeper structural support sitting between $0.245 – $0.255. On the upside, the nearest supply zones are forming around $0.30 – $0.32, followed by a stronger resistance cluster between $0.38 – $0.42.

If bullish momentum continues to build, the next upside targets to monitor are $0.32, followed by $0.38, then $0.45, and potentially $0.60 as the next major long-term objective.

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Best Regards , Arman Shaban