$ADA | 12h ANALYSIS 📊
- My clear expectation is that the upward trend in ADAUSDT will continue, meaning it should be longed. Especially as long as we stay above 0.7866, the targets are 0.8625 and then 0.9384 levels.
- To get involved in the trade, I would expect the price to pull back to the range of 0.7866-0.7485 and show liquidity sweep or a reversal formation like a pin bar here. In a long position taken from here, the first target would be 0.8625, and the second target would be 0.9384.
- I am not explicitly stating the stop-loss, but it should be placed below the swing low level (e.g., below 0.7315 or a new low).
- If the price makes a strong break below 0.7485, my bullish expectation will end, and a new assessment will be necessary.
📝 This analysis is not investment advice; it is prepared solely for educational purposes. Please do not forget your own risk and capital management!
#ADA #ADABullish #ADAAnalysis #ADA/BNB #ADAUSDT $ADA
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