📈 Technical Analysis – ADA/USDT (Daily)
Current Price: $0.5648
Recent Support: $0.5100
Key Resistances:
EMA(25): $0.6288
EMA(99): $0.6925
Local top: $0.7771
Major resistance: $2.50 (macro top)
✅ Spot Buy Strategy (Hold or Swing Trade)
🔹 Entry: $0.5648 (limit order filled)
🩸 Stop Loss: $0.5100 → -9.7% risk
🎯 Target 1: $0.7771 → +37.6%
🎯 Target 2: $1.20 → +112.4%
🎯 Target 3 (macro): $2.50 → +342.6%
📊 Risk/Reward to Target 1: 1:3.8
📊 To Macro Target: 1:35 (!)
🧠 Quick Technical Overview
RSI(6): 35 – near oversold
Volume: Increasing on bullish candles
EMA(7) < EMA(25) – Still bearish trend, but possible reversal
Structure: Higher low forming after $0.51 bottom
🚀 $ADA – Ready for Takeoff? Aiming for +340% from here!
After bouncing from $0.51, ADA shows signs of strength with growing volume and reversal candles.
I entered spot at $0.5648, targeting short and long-term levels:
🎯 Target 1: $0.77 (+37%)
🎯 Target 2: $1.20 (+112%)
🎯 Target 3: $2.50 (+342%)
🩸 Stop: $0.51 (risk -9.7%)
💹 Risk/Reward to macro top: 1:35
This is a long-term setup. Patience is key. Accumulate during fear, sell during euphoria. 💎
