$ADA Crucial Test – Will $0.7600 Hold or Break?
ADA is currently trading at $0.7604, showing an attempt to hold its ground after a recent volatile swing, but facing immediate resistance. The next move will determine whether buyers can extend the rally or sellers take over.
Key Levels:
Resistance: $0.7650 (immediate), then $0.7700.
Support: $0.7590 (immediate).
Trade Setup:
Bullish Entry: A confirmed break and sustained trade above $0.7650. Targets: $0.7700, $0.7750.
Bearish Entry: A confirmed break and sustained trade below $0.7590. Targets: $0.7550, $0.7500.
Stop-Loss: Utilize tight stop-loss orders to manage risk effectively.
ADA/USDT is at a pivotal point. Its ability to reclaim resistance at $0.7650 or break below support at $0.7590 will dictate the immediate short-term direction. Expect volatility.
