$ADA /USDT technical outlook and long trade setup:
---
š Technical Outlook (6H Chart)
Downtrend: Price making lower highs/lows; below key EMAs (5, 10, 25, 99).
Support Zone: Strong support at $0.5995ā$0.6000 (recent swing low).
Potential Reversal: Descending wedge pattern forming ā bullish if breakout occurs.
Volume Drop: Selling pressure weakening, signaling possible bottom.
---
š Long Trade Setup
Entry: On breakout above $0.6150 (with volume confirmation).
Stop-Loss: Below $0.5940 (under recent swing low).
Risk Type: Counter-trend, needs strong confirmation.
---
šÆ Target Levels
1. $0.6350 ā 25 EMA resistance zone.
2. $0.6640 ā Previous swing high.
3. $0.6850 ā 99 EMA and strong historical resistance.