$ADA /USDT – Dual Trade Setup & Technical View
ADA has rallied +13% to $0.9920 after touching a daily high of $1.0193, showing strong bullish momentum backed by high trading volume (over 531M USDT). Price is now hovering near the key $1 psychological resistance, making this a critical decision zone for both bulls and bears.
Long Setup (Breakout Play):
Entry: $1.000 – $1.010 (on confirmed breakout above $1.02)
Target 1: $1.05
Target 2: $1.08
Stop Loss: $0.975
Reason: Sustained momentum above $1 could fuel further upside towards recent highs.
Short Setup (Rejection Play):
Entry: $1.015 – $1.02 (if strong rejection forms)
Target 1: $0.98
Target 2: $0.95
Stop Loss: $1.03
Reason: The $1.02 zone is a historical supply level; a rejection here could trigger short-term profit-taking.
If ADA holds above $0.98, bulls remain in control. A breakout beyond $1.02 with strong volume could confirm the next leg up, while a failure here may bring a healthy retracement before another rally attempt.
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