$ADA
ADAUSDT: Range Rumble—Will the Bulls Break Free?
ADAUSDT sits at 0.8150, trapped in a choppy box just below the 0.8230 resistance and repeatedly testing support at 0.8100. Volume is sluggish, MACD is neutral, and momentum has vanished. The most likely trade now: a bearish continuation if support caves.
Entry: Go short below 0.8100 with a decisive red candle and increased sell volume.
Target: 0.7850 (next demand zone below the range).
Stop Loss: Above 0.8250 to cover quick pops and avoid false breaks.
Wait for a proper confirmation—don’t get lured into a failed breakdown.
My View:
ADAUSDT is stalling with buyers unable to clear resistance, making every new test of support more fragile. If 0.8100 gives way with volume, I expect bears to push for lower ground. No clean break? I avoid chop and move on.
Disclaimer: This plan is for educational purposes only—not investment advice. Analyze signals independently and keep risk management tight.