Based on the chart youโve shared (ADAUSDC perpetual futures on Binance with 10x leverage, 12h timeframe), here's a trading signal derived from the setup:
๐ Trade Signal: LONG (Buy)
Timeframe: 12H
Leverage: 10x (Cross)
Current Price: ~0.6384
Target Price: 0.6773 - 0.7134 (Marked on chart)
Stop Loss: Below 0.6130 (recent low)
โ Entry Reason:
Price is attempting to reverse after a clear bounce from the 0.6133 support.
Bullish momentum with multiple green candles.
Currently trading below EMA(20), with a potential breakout ahead.
๐ฏ Target:
First Target: 0.6773 (near EMA resistance)
Second Target: 0.7134 (marked as final target zone)
โ Risk Warning:
High volatility due to leverage.
Watch for resistance at EMA(20) ~0.6603 โ breakout confirmation is key.
