$ADA

$ADA Trade Plan for ADA/USDT 📈

Current Price: $0.697
24h Change: -1.55%
Market Cap: $25.14B
24h Volume: $964.57M

✅ Entry Zone:

Buy within $0.690 – $0.695, assuming this range is near a support level after the recent 1.55% dip. This is a conservative entry to account for potential further correction.

⛔ Stop Loss:

Set at $0.680 (below the entry zone, roughly 1.5% below the lower entry point to account for ADA’s volatility).

🎯 Profit Targets:

Target 1: $0.705 📍 (Move stop to breakeven)

Target 2: $0.715 🎯

Target 3: $0.730 🚀

📊 Risk/Reward Ratio:

3:1+ ⚖

Risk: $0.695 - $0.680 = $0.015

Reward (Target 2): $0.715 - $0.695 = $0.020 (R:R of ~1.3:1 at Target 2; higher if Target 3 is hit).

### Key Observations:

Bearish Short-Term Momentum: Price down -1.55% in 24h, the largest dip among the coins listed, indicating a potential correction or profit-taking.

Volume: $964.57M in 24h suggests moderate liquidity, lower than DOGE’s $1.78B, which could mean choppier price action.

Market Cap: $25.14B indicates ADA is a mid-tier coin, with moderate volatility tied to ecosystem developments.

Price Context: $0.697 is a relatively high level for ADA (historically, ADA has struggled to break $1 in past cycles). A bounce above $0.700 could signal short-term bullish momentum.

🔄 Strategy:

Trail stop above the entry price after Target 1 is hit to lock in profits.

Watch for rejection at psychological resistance around $0.710–$0.720.

If momentum weakens (e.g., price fails to break $0.705), consider an early exit at a 2:1 R:R.