📊 $ADA / USDT Long Strategy 🚀🌿
🔍 Market Overview
• Current Price: ~$0.7051 USD
• Intraday Range: $0.6927 – $0.7275
• Trend: Bullish continuation after consolidation
• Key Support: $0.6900 (recent low), $0.6700 (historical support)
• Key Resistance: $0.7300 (recent high), $0.7500 (next major zone)
📌 Cardano (ADA) is exhibiting bullish momentum, approaching key resistance levels, indicating potential for further upside.
🟢 Entry Options
Breakout Trade 🔓
→ Zone: $0.7300–$0.7400
→ Close above $0.7300 with strong volume
→ MACD bullish crossover
→ RSI above 60
Pullback Trade 🔁
→ Zone: $0.6900–$0.7000
→ Bullish reversal pattern (hammer, engulfing)
→ RSI holding above 50
→ Volume uptick near support zone
🎯 Targets 🎯
• TP1: $0.7500
• TP2: $0.7700
• TP3: $0.8000
🛑 Stop-Loss 🛡️
• Breakout SL: Below $0.7100
• Pullback SL: Below $0.6700
⚠️ Risk Management Tips
→ Risk only 1–2% of your total capital per trade
→ Ensure a minimum 2:1 reward-to-risk ratio before entry
→ Move stop-loss to breakeven once TP1 is hit to protect capital
→ Avoid overtrading — focus on high-quality setups
👉 DYOR — Always conduct your own research and consider market conditions before making trading decisions.
✅Buy and Trade here on $ADA