Current Price: $0.634078 (showing recovery momentum)
Key Levels:
Support: $0.625201 (stop loss level)
Resistance: $0.649296 (initial target), $0.653100 (secondary target)
Breakout Zone: $0.660000+ (if bullish momentum accelerates)Direction: Long (Buy Futures)
Entry Zone: $0.6300 – $0.6350 (retest of support before breakout)
Take Profit (TP1): $0.6493 (near-term resistance)
Take Profit (TP2): $0.6531 (next target)
Aggressive TP (if breakout): $0.6600+
Stop Loss (SL): $0.6252 (below recent swing low)
Risk-Reward Ratio: 1:3+ (e.g., $0.005 risk vs. $0.015+ reward)Enter Long on a dip to $0.6300–$0.6350 (confirmation of bounce).
Partial Close (50%) at TP1 ($0.6493) to secure profits.
Trail Stop Loss to breakeven once TP1 is hit.
Final Exit at TP2 ($0.6531) or if ADA breaks above $0.6600 (let profits run).
Critical Risk Management:
If ADA breaks below $0.6252, exit long (invalidates bullish thesis).
Watch for volume surge – confirms breakout strength.
Alternative Scenario (If Resistance Holds at $0.6531):
If ADA gets rejected at $0.6531, consider scaling out or tightening stops.
Leverage Suggestion (For Futures Traders):
Conservative: 3x–5x (low risk)
Moderate: 5x–10x (balanced risk)
Aggressive: 10x+ (only if trend confirms strongly)
