$ADA 🚀 BULLISH MOMENTUM 🚀
Chart Pattern
ADA appears range-bound between $0.80–$0.85–$0.86, forming a base for a potential breakout. A daily close above ~$0.86 would validate upside momentum .
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Trading Strategy
Strategy Type Entry Zone Stop-Loss Target Levels
Aggressive Long $0.845–$0.850 $0.805 $0.88 → $0.90
Breakout Play Close > $0.86 $0.855 $0.90 → $0.93 → $1.00
Dip Buy / Swing $0.805–$0.815 retest $0.789 $0.85 → $0.88
Tactical Notes
1. Aggressive Long
Enter near current price ($0.805).
First target around $0.88, with upside to $0.90.
2. Breakout Play
Wait for a clear daily close above $0.86 on volume.
Stop-loss below breakout point (~$0.855).
Targets: $0.90, then $0.93–$1.00.
Dip Buy / Swing
On pullback to $0.805–$0.815, accumulate with tighter risk.
Aim for swing return to resistance at $0.85 and above.
4. Risk Management
Limit position sizing to ≤2% per trade.
Use tight stops and scale profits at each level.
Monitor volume and momentum (RSI near neutral gives room to move higher) .
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Why This Setup Works
Tight range structure with clearly defined support and resistance zones allows for precise entries and stops.
Neutral-to-bullish technical ratings across trend-following indicators support upside potential .