Pair $ADA /USDT - Is it heading towards breaking the resistance level or rejection? 🚨
Current price: $0.7783 (+1.03%)
The ADA pair is testing the upper resistance level near $0.7850 - $0.7924, showing signs of stability before any major move. A breakout or rejection is imminent.
Key levels to watch:
Resistance: $0.7924 (Highest price in 24 hours)
Support: $0.7650 and $0.7445 (Lowest price in 24 hours)
Sell trade setup (in case of confirmed rejection):
Entry zone: $0.7820 - $0.7900
Profit target 1: $0.7650
Profit target 2: $0.7550
Profit target 3: $0.7440
Stop loss: $0.7945
Market overview:
The ADA index is forming a lower high on the micro time frame with the bullish momentum fading. If the trading volume does not exceed $0.7924, its direction may reverse.
Professional tip:
Wait for a rejection candle and confirmation on the 15-minute chart before entering a sell trade. Protect yourself with tight risk management near the resistance level.
ADA traders, stay cautious - this level may reverse the trend!
ADAUSDT
Perpetual
0.7785
+0.82%
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