🚨 $ADA /USDT – Heavy Sell-Off, Down 23.76%! 🔻
Momentum Analysis: ADA has plummeted 23.76% in 24h, currently at $0.8511, after hitting a high of $1.1351 and a low of $0.8228. Trading volume is intense, with 1.35B ADA traded, totaling $1.29B in USDT.
📉 Short-Term Trading Setup:
Entry Zone: $0.8228 – $0.8511 (potential accumulation zone)
Targets:
T1: $0.8610 (minor resistance)
T2: $0.9104 (trend recovery)
T3: $0.9598 – $1.0092 (major resistance)
Stop Loss: $0.8115 (below recent low)
🔔 Breakout Confirmation & Key Support:
Breakout Level: $1.0474 – $1.0587 (needs strong volume to reclaim)
Support: $0.8228 – $0.8115 (watch for a bounce)
⚡ Pro Tip for Traders:
ADA is under massive selling pressure, likely influenced by broader market weakness. If $0.8228 holds, a short-term rebound is possible. However, breaking below $0.8115 could lead to further downside. Wait for volume confirmation before entering long positions.
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