$ADA /USDT – Eyeing Breakout or Rejection at Resistance? 🚨
Current Price: $0.7783 (+1.03%)
$ADA is testing the upper resistance range near $0.7850–$0.7924, showing signs of consolidation before a major move. A breakout or rejection is imminent.
Key Levels to Watch:
Resistance: $0.7924 (24H High)
Support: $0.7650 & $0.7445 (24H Low)
Short Trade Setup (If Rejection Confirmed):
Entry Zone: $0.7820 – $0.7900
TP1: $0.7650
TP2: $0.7550
TP3: $0.7440
Stop Loss: $0.7945
Market Insight:
ADA has been forming a lower high pattern on the micro timeframe with fading bullish momentum. If volume fails to push above $0.7924, it could reverse.
Pro Tip:
Wait for a rejection candle + confirmation on 15m before entering the short. Protect with tight risk management near resistance.
ADA traders, stay alert – this level could flip the trend!
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