$ADA BULLISH MOMENTUM – READY FOR A PUSH ABOVE $0.62
Current Price: $0.6138
24h Change: +4.87%
Timeframe Analyzed: 1H & 4H
KEY LEVELS TO WATCH:
Resistance Levels:
$0.6159 – 24H High
$0.6200 – Key Breakout Level
$0.6450 – Next Bull Target
Support Levels:
$0.6050 – Immediate Support
$0.5920 – Key Structure Support
$0.5791 – Daily Low / Bullish Defense
TRADE SETUP – LONG ENTRY
Entry Zone: $0.6050 – $0.6130 (Buy the dip / support bounce)
Breakout Entry: Above $0.6200 (Confirmed breakout move)
Targets (TP):
TP1: $0.6450
TP2: $0.6720
TP3: $0.7000
Stop Loss (SL): $0.5900 (Below key support structure)
Trade Rationale:
ADA is pushing higher with solid bullish structure and volume, forming higher lows and threatening to break past $0.6200. A clean breakout confirms bullish continuation with upside targets toward $0.65+
RISK MANAGEMENT
Risk only 1-2% per trade
Stick to predefined SL/TP
Always aim for 2:1+ R:R ratio
ADA’s momentum is heating up – stay sharp, ride smart!
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