🚨 $ADA /USDT – Rejection from Local High, Eyes on Support Zone 📈
ADA is trading at $0.6234, down -1.24% after a sharp drop from its 24H high of $0.6348. The pullback is approaching key support near $0.6190, where the last bounce originated. Volume remains moderate, hinting at a possible consolidation or reversal ahead.
Long Trade Setup:
Entry Zone: $0.6200 – $0.6240
Target 1: $0.6300
Target 2: $0.6380
Final Target: $0.6480
Stop Loss: $0.6160
Short Trade Setup (If Breaks Below Support):
Entry Zone: $0.6180 – $0.6200
Target 1: $0.6100
Target 2: $0.6030
Final Target: $0.5950
Stop Loss: $0.6260
Pro Tip: Watch for bullish engulfing or volume spike near $0.6200 for long confirmation. If that fails, prepare for a downside slide.
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