Trading Profiser 01
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Bearish
$ADA /USDT – Bearish Breakout in Progress!
Momentum Analysis: ADA/USDT is facing a significant downward movement, currently showing a decrease of 11.41%. The price has dropped to $0.5778, and it's testing key support zones. With strong selling pressure, we expect more volatility in the short term.
Long Setup:
Entry Zone: Avoid long positions in the current range. Wait for a clear reversal.
Target Zones: T1 = $0.6522 (upper resistance), T2 = $0.6197, T3 = $0.5778 (current support level).
Stop Loss: $0.5060 (below recent lows to minimize risk).
Breakout Confirmation Level & Key Support:
Breakout Confirmation Level: A rally above $0.6522 could signal a reversal to the upside.
Key Support: $0.5597 remains crucial for the price; breaking this could lead to further declines.
Pro Tip for Traders:
Monitor the volume closely—if there's a strong increase in buy volume at key support, that could indicate a potential reversal. Keep an eye on the 24h high and low levels to gauge the strength of a potential breakout.
Relevant Hashtags:
#ADA #USDT #CryptoSignal #BearishBreakout #TradingAnalysis
Momentum Analysis: ADA/USDT is facing a significant downward movement, currently showing a decrease of 11.41%. The price has dropped to $0.5778, and it's testing key support zones. With strong selling pressure, we expect more volatility in the short term.
Long Setup:
Entry Zone: Avoid long positions in the current range. Wait for a clear reversal.
Target Zones: T1 = $0.6522 (upper resistance), T2 = $0.6197, T3 = $0.5778 (current support level).
Stop Loss: $0.5060 (below recent lows to minimize risk).
Breakout Confirmation Level & Key Support:
Breakout Confirmation Level: A rally above $0.6522 could signal a reversal to the upside.
Key Support: $0.5597 remains crucial for the price; breaking this could lead to further declines.
Pro Tip for Traders:
Monitor the volume closely—if there's a strong increase in buy volume at key support, that could indicate a potential reversal. Keep an eye on the 24h high and low levels to gauge the strength of a potential breakout.
Relevant Hashtags:
#ADA #USDT #CryptoSignal #BearishBreakout #TradingAnalysis
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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