$ADA ADA|August 29, 20:55 TradeyAI Evening Market Analysis
Binance ADA currently around $0.85. Slightly retreated from $0.866 this morning, yet to recover $0.90. The early session strategy of 'holding 0.84 to 0.86, breaking through 0.90 and 0.93 with volume before attacking again' remains effective.
Technical analysis: 1H/4H moving averages are converging, trading volume is average; support at 0.86 and 0.84, watershed at 0.90, confirmation level at 0.93; resistance at 0.95, 0.98, and 1.00. Derivative funding rates and open interest are in a moderate range, with no extreme squeeze; upward movement needs to resonate with spot trading volume.
Winning probability priority · Operations
① Pullback Buy: Accumulate between 0.84 to 0.86, stop loss at 0.833, target 0.90 to 0.93;
② Breakout Buy: Follow up if 15m volume stands above ≥0.90 and 0.93, stop loss at 0.885 and 0.915, target 0.95 and 0.98;
③ Watch and Wait: If effectively breaking below 0.84, do not hold.
Conclusion: Adhere to 'Range - Confirmation - Realization', do not chase without volume, stop loss on unplanned trades.
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