$ADA Entry Conditions:
If the price stabilizes at the support level of $0.95, and accompanied by a rise in trading volume, consider a light long position.
- Targets and Stop Loss:
- Take Profit: First target $0.98, after breaking through, look towards $1.00.
- Stop Loss: Set below $0.94 to guard against false breakout risks.
- Basis:
If the market breaks out of consolidation due to sudden positive news (such as policies or project progress), it may trigger a short-term rebound.
Short Strategy
- Entry Conditions:
If the price cannot break through the resistance level of $0.99, and trading volume continues to shrink, consider shorting.