$ADA /USDT Spot Trade Plan Eyeing Breakout Above $0.83
ADA has recovered from the $0.69 support and is now consolidating just below the $0.83 resistance zone. A decisive breakout could push price toward $0.86 ā $0.93, while failure to hold above $0.78 may trigger a deeper pullback.
Trade Plan:
Type: Spot ā Long (Buy)
Entry Zone: $0.785 ā $0.800
Stop Loss: $0.765 (below recent support)
Take Profit Targets:
TP1: $0.833
TP2: $0.856
TP3: $0.930
ā Risk Management:
Take partial profits at each TP level.
After TP1, move SL to entry to secure capital.
Close early if daily candle closes below $0.765.
š Market Bias: Bullish above $0.78, but momentum weakens below $0.765.