$ADA /USDT Trade Setup & Market Analysis
ADA is currently trading at $0.7537, showing resilience after bouncing from the $0.7331 low. The asset is consolidating near the upper range and could be preparing for a short-term breakout if volume sustains.
š Market Structure:
Price is holding a steady uptrend, with higher lows forming on the 1H and 4H charts. A break above $0.7601 could trigger another leg up toward resistance.
š Trade Setup:
⢠Entry Zone: $0.7450 ā $0.7550
⢠Target 1: $0.7710
⢠Target 2: $0.7890
⢠Stop Loss: $0.7280
š§ Insight:
Watch for a clean candle close above $0.7600 with volume to confirm the breakout. If BTC remains stable, ADA could follow with bullish momentum. Avoid chasing entry if momentum weakens.