In my recent trades, I opened a position on the ADA/USDT pair at a level of $0.42 after noticing the formation of a strong support pattern in the four-hour time frame. The first target was $0.46, which was achieved with a good profit, while I placed the stop loss at $0.40 to reduce risks. The analysis of indicators such as RSI and MACD gave positive signals before entering, which reinforced my decision to buy.

What I liked about trading Cardano is its relative stability compared to some other currencies during the same period. Additionally, the liquidity volume was very suitable for executing orders quickly and without significant slippage. I believe that trading in ADA currently requires close monitoring of technical data and news related to network development.

I always advise new traders to rely on a clear trading plan and strict capital management to avoid losses.

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