$ADA /USDT Trade Setup
Market Insight:
$ADA is currently trading at $0.718, down 2.09% in the last 24 hours. Price action shows consolidation between $0.6884 (low) and $0.7350 (high) with short-term selling pressure. Technical indicators like SAR (0.7250) and a weakening MACD suggest cautious sentiment, though ADA remains in a longer-term uptrend (up 97% YoY).
š¹ Entry:
$0.7030 ā $0.7180
(Dollar-cost averaging near support zone is advised.)
šÆ Targets:
Target 1: $0.7420
Target 2: $0.7620
Target 3: $0.7810
š» Stop Loss:
$0.6830
(Close below this level may trigger further downside toward $0.655)
š§ Key Levels:
Support: $0.6884 / $0.6830
Resistance: $0.7350 / $0.7620 / $0.7810
Pivot Zone: $0.7250 (SAR level)
š Pro Tip:
Wait for a bullish 4H candle close above $0.7250 (SAR) for confirmation of upside continuation. Volume divergence and a recovering MACD histogram may signal reversal strength ā monitor closely if price retests $0.70.
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