$ADA 3 entry points for #SportsTrading
Support and Resistance Levels:
1. **Resistance Levels**:
- **1.1740**: This is the 24-hour high, indicating a strong resistance level.
- **1.0781**: Another significant resistance level based on recent price action.
2. **Support Levels**:
- **0.8749**: A key support level based on recent price action.
- **0.6452**: This is the 24-hour low, indicating a strong support level.
Entry Points for Long-Term Spot Trading:
1.Entry Point 1: Near Strong Support (0.8749)**:
- **Rationale**: Entering near a strong support level reduces risk as the price is less likely to drop significantly below this point.
2. **Entry Point 2: Breakout Above Resistance (1.0781)**:
3. **Entry Point 3: Pullback to Moving Averages (MA(5): 0.8283, MA(10): 0.7697)**