🧭 Main Trading Map – ADA/USDT
📍 Overview of the Currency
Current Price: 0.972$
Change in 24 hours: +2.34%
Trading Volume: Relatively high
🕯️ Candle Behavior and Trend Reading (4-hour frame)
Consecutive bullish candles with long lower wicks → Clear signal that buyers are strongly defending at support areas.
Candle volume greater than average → Renewed buying momentum.
The last move showed a Bullish Engulfing candle → Breaking the sellers' weakness and regaining control for buyers.
No long upper wick candles → Evidence of a lack of strong distribution so far.
📊 Support and Resistance Levels
Main Support: 0.91$ – 0.93$
Secondary Support: 0.86$
Nearby Resistance: 1.02$
Next Resistance: 1.18$ – 1.20$
🎯 Trading Plan
Entry Zone (Accumulation): 0.92$ – 0.96$
Stop Loss: 0.88$ (below secondary support)
Targets:
Target 1️⃣: 1.05$
Target 2️⃣: 1.12$
Target 3️⃣: 1.20$
Risk/Reward Ratio (R/R): 2.5 – 3.1
🔑 Oracle Summary
Candle behavior confirms that whales defend areas below 0.93$, and current momentum strongly leans towards buying. Any retest of the 0.92$ – 0.96$ area is considered an ideal entry opportunity, while monitoring resistance at 1.02$ where some profit-taking may occur.
