$ADA /USDT LONG TRADE SETUP – STRONG DEFENSE AT DEMAND ZONE!
$ADA has successfully bounced off the $0.6710 demand zone, forming a bullish engulfing candle pattern. Price structure is now indicating a potential shift toward recovery, with bulls defending the previous support strongly. If the momentum sustains, we could see a move back to the upper resistance near $0.6920.
Trade Setup (LONG):
Entry: $0.6779 – $0.6800
Target 1: $0.6850
Target 2: $0.6921
Stop Loss: $0.6710
Why Long?
The demand zone between $0.6710–$0.6730 has held firmly despite bearish pressure. Price rejection and recovery candles signal renewed buying interest. A clean move above $0.6810 could open the path to higher targets.
Risk Management Tip:
Secure partial gains near TP1 and move SL to breakeven. If the price loses $0.6710, exit quickly and avoid deeper losses.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!