#ADA $ADA

Position Information (ADA/USDT Perpetual Contract)

Current Price: 0.9557

Stop Loss Position: 0.8330 (bottom of the red area).

Opening Position Suggestion: Open a long position near 0.9557, the triangle consolidation pattern is about to break.

Profit Targets:

First Target: 1.0000 (psychological barrier).

Second Target: 1.2914 (top of the green area).

Analysis Summary:

This trade is based on the breakout of the triangle consolidation pattern, the current price is at a key support area, and a breakout may lead to an upward trend. Risk management is clear, with a stop loss set at 0.8330, offering a high potential return.

Strategy:

Open a long position near the current price, gradually take profit according to the targets.

The risk-reward ratio is attractive, suitable for short to medium-term traders.

Disclaimer: Trading involves risks, please operate with caution!