Current Price: $0.7064 (Binance) | Timeframe: 15M/1H/4H
1. Key Levels (Spot & Futures)
Support (Buy Zones)
* $0.7020 (Immediate support, 1H EMA20)
* $0.6950 (Strong demand zone, must hold for bulls)
* $0.6880 (Last defense before deeper drop)
Resistance (Sell Zones)
* $0.7100 (Recent high, psychological barrier)
* $0.7150–0.7180 (Liquidation cluster, breakout target)
* $0.7250 (Next swing high if bullish momentum continues)
2. Technical Indicators (Binance)
Trend Momentum
* RSI (1H): 56 (Neutral, slight bullish bias)
* Overbought >70 → Pullback likely
* Oversold <30 → Rebound possible
* MACD (1H): Bullish crossover but weak momentum
* Volume: Flat → Needs confirmation for breakout
Order Book & Liquidation Levels
* Bids (Buy Orders): Stacked at $0.7020 and $0.6950
* Asks (Sell Orders): Thick at $0.7100 and $0.7150
* Liquidations (Coinglass):
* Longs liquidated below $0.6950
* Shorts squeezed above $0.7150
3. Fundamental Catalysts (Next 8 Hours)
* Bitcoin Correlation: ADA often mirrors BTC. Watch BTC’s $60K level.
* Cardano News: Check for updates on staking, smart contracts, or partnerships.
* Binance Funding Rate: Neutral = No extreme leverage skew.
4. Trading Scenarios & Entry/Exit Levels
Bullish Breakout (Long Trade)
* Entry: $0.7030–$0.7060 (on 1H close above $0.7100)
* Targets: $0.7150 → $0.7250 (scale out profits)
* Stop Loss: $0.6980 (below support)
Bearish Rejection (Short Trade)
* Entry: $0.7080–$0.7100 (rejection + RSI divergence)
* Targets: $0.7020 → $0.6950
* Stop Loss: $0.7120 (above recent high)
Range-Bound (Scalping)
* Buy Dips: Near $0.7020, target $0.7100
* Sell Rallies: Near $0.7100, target $0.7020
* Stop Loss: $0.005 outside range
5. Actionable Trade Plan
* High-Probability Long: Buy pullbacks to $0.7020 with RSI >40, target $0.7150.
* High-Probability Short: Short rejections at $0.7100 with low volume, target $0.6950.
* Breakout Trade: Only enter long above $0.7100 with volume surge.
6. Risk Management
* Risk per Trade: ≤1–2% of capital.
* Leverage (Futures): ≤5x (choppy markets = high risk).
* Watch For: BTC volatility, Binance whale orders.
Final Verdict
* Neutral Bias until $0.7100 or $0.6950 breaks.
* Best Setup: Buy dips at $0.7020 or short rejections at $0.7100. 🚀
