$ADA /USDT – Attempting Breakout After Holding $0.60 Support
ADA/USDT is trading at $0.6257 with a modest +0.37% gain, showing resilience after a recent dip to $0.5857. The 1H chart shows ADA bouncing back steadily and now pushing against short-term resistance at $0.6275. The pair previously topped at $0.6464 before retracing.
The current price action suggests a consolidation breakout attempt. A clean move above $0.63–$0.635 with volume support could see ADA retesting the $0.64–$0.65 range. Holding above $0.60 is key to keeping this bullish momentum alive.
Long Trade Signal:
Entry Zone: $0.6220 – $0.6280
Target 1: $0.6380
Target 2: $0.6460
Final Target: $0.6600
Stop Loss: $0.6040
Look for bullish volume confirmation and strong candles through the $0.63 resistance to trigger breakout trades.
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