$ADA Today's Pro Trading Plan for $ADA/USDT (14 Jun 2025 | 09:50 UTC)
• Entry Zone: $0.6150 - $0.6250 (Re-accumulation near prior support, potentially forming a double bottom).
• Stop Loss: $0.6080 (Below structural support, invalidating bullish premise).
• Risk/Reward: Target dependent.
• Profit Targets:
• Target 1: $0.6450 (Retest of broken support, 20-MA confluence).
• Target 2: $0.6680 (Revisit 20-MA, minor resistance).
• Target 3: $0.7000 (Psychological level, potential retest of 200-MA).
• Strategy: We're anticipating a mean reversion bounce from a potential demand zone. Look for bullish divergence on the MACD/RSI on lower timeframes as confirmation.
• Market Sentiment: Currently bearish, but oversold conditions are emerging. Bears are in control, but a short-term bounce is plausible.
• Invalidation/Caution: A sustained break below $0.6080 signals further downside. Monitor for any large bearish volume spikes on entry.
Disclaimer: All trading involves risk. This content is for informational purposes only. Please trade responsibly.