$ADA ADA/USDT – Bounce Play (1H Chart)

Current Price: 0.6353

Context: Price reacting near mid-point of falling channel. Short-term consolidation with lower volume. Risk-defined setup.

📥 Entry Range (Buy Setup):

Buy Zone: 0.6300 – 0.6380

Trigger: Stability above 0.6400 or strong bounce off 0.6300 base

🎯 Take Profit Targets:

TP1: 0.6580

TP2: 0.6750

TP3: 0.6950

🛑 Stop Loss: 0.6190

Below range base & invalidates channel midline bounce idea

📌 RSI Note: RSI hovering ~52 – neutral momentum, but potential for upside if reclaim triggers

ADAUSDT

Perp

0.6359

+0.09%