$ADA Current Price: $0.634078 (Recovery momentum is showing)
Key Levels:
Support: $0.625201 (Stop Loss Level)
Resistance: $0.649296 (Initial Target), $0.653100 (Secondary Target)
Breakout Zone: $0.660000+ (If the upward momentum accelerates)
Trend: Long (Buy futures)
Entry Zone: $0.6300 – $0.6350 (Re-testing support before breakout)
Take Profit (TP1): $0.6493 (Short-term resistance)
Take Profit (TP2): $0.6531 (Next target)
Aggressive Take Profit (If breakout occurs): $0.6600+
Stop Loss (SL): $0.6252 (Below the recent lower high)
Risk to Reward Ratio: 1:3+ (For example, $0.005 risk for $0.015+ reward)
Enter long on a dip to $0.6300–$0.6350 (Confirm bounce).
Partial close (50%) at TP1 ($0.6493) to secure profits.
Trail the stop loss to breakeven once TP1 is reached.
Final exit at TP2 ($0.6531) or if ADA exceeds $0.6600 (Let profits run).
Critical Risk Management:
If ADA falls below $0.6252, close the long (nullifies the bullish hypothesis).
Watch for volume spikes – confirms breakout strength.
Alternative Scenario (If resistance holds at $0.6531):
If ADA is rejected at $0.6531, consider trimming positions or tightening stops
