Swing Trading Signal $ADA / USDT

Setup:

Watch for bullish reversal signals (like a bullish engulfing candle or hammer) around the 0.6270–0.6300 USDT zone.

Entry:

Buy near 0.6280–0.6310 USDT after a confirmation candle (like a green candle closing above 0.6350 USDT).

Stop-Loss:

Below 0.6220 USDT (to allow for small wicks but protect against breakdown).

Take-Profit Targets:

TP1: 0.6430 USDT (recent minor resistance)

TP2: 0.6520 USDT (next resistance cluster)

TP3: 0.6620 USDT (24H high)

Risk-Reward Ratio:

Approximately 1:2 to 1:3 depending on execution.

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Summary:

Currently bearish but showing early signs of potential reversal as RSI nears oversold and volume spikes. Wait for a confirmation pattern before entry.