COIN NAME : $ADA
SIGNAL TYPE : LONG
This chart shows ADA/USDT on the 4-hour timeframe 📉. The price has been moving inside a descending channel 🔻, indicating a steady downtrend over time. Recently, ADA touched the lower support of the channel and bounced upward ⤴️, suggesting a possible trend reversal. An orange arrow projects a strong bullish move ahead 🚀, possibly toward the $0.85 zone. The RSI (Relative Strength Index) is currently around 51.75, showing a healthy recovery from oversold territory 🟢 — a sign that buyers might be gaining control 🐂. If ADA successfully breaks out above the upper resistance of the channel ✂️, it could trigger a strong upward rally. However, a failure to break out might lead to another correction within the channel ⚠️. Overall, the chart hints at a bullish breakout setup after a prolonged downtrend — something traders may want to watch closely with optimism 👀📈.
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ENTRY PRICE: 0.7398 (or market price)
1st tp: 0.7935
2nd tp: 0.8448
3rd tp: 0.8627
Leverage: 20x
