$ADA /USDT is preparing for a strong reversal... The #ADABullish pair is currently trading at $0.7056 after bouncing off its low of $0.5801. The previous peak at $1.1747 indicates strong upward potential if bullish momentum returns.
Key Levels to Watch
Resistance: $0.81 - Breaking through this level could push the ADA pair towards $1.00 and above.
Support: $0.69 - Maintaining this level is critical to sustain bullish momentum.
Trading Setup
Long-term Entry: Current price levels represent a strong accumulation area, with targets at $0.85, $1.00, and $1.17.
Stop Loss: Below $0.65 to limit downside risk.
Market Insights
The ADA pair has formed a strong base and may witness a significant rebound.
Breaking the $0.81 level will confirm bullish momentum.
Confirming trading volume is essential for the sustainability of any potential rally.
This could be a golden opportunity to capitalize on ADA's next major move.