$ADA
Price Update and Current Status
• Current Price: 0.7153 USDT (Up +1.46%)
• Entry Price: Around 0.7115
• Target Price: 0.7216 (Potential Profit Approx. +1.42%)
• Stop Loss Price: 0.7051 (Risk Approx. -0.90%)
• Profit-Loss Ratio: 1.58, still within the ideal range
Technical Structure Continues to Hold
1. Price remains within the ascending channel and has not broken below the lower boundary;
2. Momentum Strengthening: Bullish momentum stable, EMA5 and EMA20 support effective;
3. Buy Support Strengthening: Current price close to the upper boundary of the channel, short-term fluctuations or slight pullbacks may occur.
Operational Suggestions (Based on Current Chart)
• For Holders: Can continue to hold, watch for price to break 0.7216; if volume supports, can move stop profit up or partially take profit to lock in gains.
• For Non-Entrants: It is recommended to wait for the price to pull back to the lower boundary of the channel or EMA support before considering entry, to reduce the risk of chasing highs.
• Risk Control Suggestions:
• If the price drops below 0.7051 with increased volume, can immediately stop loss;
• If the price breaks above 0.7216 and stabilizes, can add a portion to follow the trend.