$ADA
Good morning everyone—ADA is currently priced at $0.85 on Binance, having fluctuated and retreated over the past 24 hours, but the focus remains on the support range of $0.84 to $0.86, with increased volatility and a change in holdings. On the ecological side, the Cardano community has budgeted 264 million ADA which is now being executed, providing 'real monetary' support for development and infrastructure, and the governance narrative is being implemented. Technically, the short-term moving averages are still pressing down, but the trading volume has not been exhausted, and the funding cost for derivatives is slightly positive, indicating that the bears do not have full pricing power—this is a range game rather than a trend ending. The strategy is to use 'position to change win rate': as long as the lower boundary holds, a bullish view is favored; look to $0.90 for the emotional switch and $0.95 for structural resistance, with a volume breakout necessary to discuss trend extension. Remember three steps: first maintain the range, then look for volume increase, and finally take profits in batches—do not let greed become a belief, and write discipline into position management. Data is based on Binance's market, execution depends on your price and volume.
Operational suggestions (based on Binance)
* Buy on pullback: accumulate in batches from $0.84 to $0.86, stop loss at $0.833; target $0.90 to $0.95, reduce position and move up the stop loss when the target is reached.
* Follow on breakout: chase after 15m volume stands above $0.90, stop loss at $0.885; target $0.95/$0.98, only execute with a risk-reward ratio greater than 1:2.
* Watch and wait: if it effectively breaks below $0.84, wait for a secondary stabilization or V-shaped reversal before entering again.
(The above is market information and trading framework, not investment advice.)
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