Cardano / TetherUS

ADA/USDT – Symmetrical Triangle + Harmonic Setup

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Cardano (ADA) is currently consolidating inside a symmetrical triangle pattern, with a potential breakout in the coming sessions.

🔹 Key Observations:

ABCD harmonic structure is forming, aligning with the broader triangle.

Strong demand zone around 0.90 – 0.88 acting as support.

Volume is gradually decreasing during consolidation → typical before a breakout.

Breakout confirmation expected near the triangle apex.

🔹 Trade Idea:

Entry: Inside the triangle (0.918–0.920 zone).

Stop Loss: Below 0.900 support box.

Target: 0.96 – 1.00 (triangle measured move).

This setup offers a favorable risk-to-reward ratio with confirmation from both harmonic pattern completion and price structure.

⚠️ As always, breakout confirmation is key — wait for volume spike on the move.

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