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Cardano (ADA) Price Holds Support, Targets $1.39 in Bullish Reversal Setup

  • Cardano (ADA) is currently consolidating around $0.6626, staying above a crucial historical reversal zone.
  • The 0.786 Fibonacci level at $0.58-$0.61 is acting as significant trend-reversal support.
  • Price targets above include $1.0463, $1.2145, and $1.3984 if upward momentum strengthens.
  • A sustained hold above support could confirm a bullish reversal, potentially leading to mid-term gains.

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