TD Sequential Buy Signal Triggers Cardano (ADA) Breakout
Cardano (ADA) has printed a TD Sequential “9” buy signal on the daily chart, indicating a potential end to the recent downtrend. ADA surged above resistance at $0.83–$0.86, with trading volume at $1.46 billion, as analysts target the next hurdles at $0.90 and $1.00.
Bullish momentum is supported by the MACD line crossing above its signal line and positive Bollinger Bands positioning on the weekly chart. ADA remains above the weekly midline at $0.74, with upper band resistance at $0.96. Key support levels lie at $0.77 and $0.70, while larger demand zones span $0.50–$0.69.
Traders should watch for a confirmed close above $0.86 to validate the bullish setup. If sustained, Cardano could open the path to $1.00. Conversely, a reversal below near-term support may test lower demand zones.
Bullish
The appearance of a TD Sequential “9” buy signal on ADA’s daily chart indicates a potential exhaustion of selling pressure, often preceding short-term rallies. Combined with a MACD bullish crossover and favorable Bollinger Band positioning, these technical signals have historically propelled Cardano into corrective uptrends, as seen during the May 2025 rebound from $0.60 to $0.90.
In the short term, a confirmed close above the $0.86–$0.90 resistance zone could trigger momentum-driven buying, attracting both retail and algorithmic traders targeting quick gains. This may amplify volatility, with ADA potentially testing $1.00 within days.
Over the long term, maintaining support at $0.77 and above the weekly midline at $0.74 would reinforce confidence in Cardano’s recovery. If demand persists above these levels, ADA could establish a new base, reducing downside risks and setting the stage for sustained growth as broader market sentiment improves.