$ADX /USDT Trade Setup
Market Insight:
$ADX has shown a +6.91% gain today, indicating short-term bullish momentum. However, the longer-term trend is still weak with a -56.49% loss over 180 days. Price is currently testing the upper Bollinger Band at $0.0891, suggesting potential resistance in the short term.
Entry:
Buy Zone: $0.0850 – $0.0870
(Watch for dips near the mid-Bollinger Band or minor retracements)
Targets:
🎯 Target 1: $0.0895 – Retest of recent high
🎯 Target 2: $0.0930 – Short-term breakout level
🎯 Target 3: $0.0980 – Previous swing resistance
Stop Loss:
❌ $0.0815
(Just below Bollinger Band lower band and recent support)
Key Levels:
Support: $0.0820 / $0.0817
Resistance: $0.0891 / $0.0930
Pivot Point (MB): $0.0856
Pro Tip:
ADX’s price is riding the upper Bollinger Band, which often signals momentum continuation but can also be a reversal zone if volume drops. Watch 15m/1h candles for confirmation. If price breaks and holds above $0.0895 on strong volume, a quick move to $0.093+ is likely.
#BTCBreaksATH #TrendTradingStrategy #BinanceHODLerLA #SECETFApproval #BinanceTurns8