$ADA /USDT – Bullish Bias But Facing Resistance🤔🔐👇
Current Price: $0.766
Timeframe Covered: 15m | 1h | 1D
Trend Bias: Mild Bullish – Short-Term Recovery in Progress
Technical Analysis:📊📉
Support Zone Held: Price respected the key demand zone near $0.758–0.760.
Stochastic RSI: All timeframes show bullish crossover, with 15m and 1h nearing overbought zone – indicating momentum is strong, but cooling may follow.
EMAs: $ADA Price holding above 20/50 EMA on 1h; D1 candle pushing above 200 EMA cluster – positive structure building up.
Order Block: Resistance around $0.768–0.775 has been tested multiple times – this is a key breakout level for bulls.
Strategy Plan:👨🏫
Buy-on-Dip Zone: $0.760–0.763 with tight SL below $0.755✅
Target 1: $0.775🎯
Target 2: $0.788🎯
Breakout Entry: Above $0.777 (1H candle close with volume confirmation)
Risk Management: Avoid longs if price breaks below $0.755 on strong volume – could re-test $0.735 zone.
🧑💻👇
$ADA is currently forming a base for a possible breakout. The 1D chart shows strength with higher lows and a reclaim of EMAs. However, rejection from $0.775–0.780 is a real threat. Let’s wait for volume confirmation before adding more longs.
👉What do you think about this setup?
Should we look for breakout scalps or wait for the dip reload? Comment below and let’s decode ADA together!
👨❤️👨“Patience isn’t just a virtue – it’s your edge in crypto trading.”
— Stay sharp, stay strategic.
Disclaimer: ⚠️
Not financial advice. DYOR before investing.