📌 Entry Zone:
🔹 Around $0.7900 – $0.7950 (current support range near AVL and RSI support)
🎯 Targets:
✅ Target 1: $0.8110 (recent local resistance)
✅ Target 2: $0.8350 (approaching high structure)
✅ Target 3: $0.8466 (recent 24h high)
🛑 Stop-Loss:
🔻 $0.7720 (below recent low and support zone)
If you want to Buy quickly here: $ADA
---
📊 Technical Analysis:
🔸 Price Action: Pullback from recent high ($0.8466) with consolidation near $0.7926, indicating potential for a rebound if support holds.
🔸 RSI (6): 41.57 — approaching oversold territory, showing weakening bearish momentum.
🔸 MACD: Bearish but flattening — MACD line (-0.0024) near signal, hinting at potential reversal if volume picks up.
🔸 Volume: Moderate (~152.7K), watch for spikes to confirm breakout attempts.
---
💡 Bullish Confirmation:
A breakout above $0.8110 with volume could push ADA toward higher targets — $0.8350 and $0.8466.
---
📢 Risk Management:
✔️ Take partial profits at each target; adjust stop-loss to breakeven after Target 1.
✔️ Holding above $0.7900 keeps the setup valid.
✔️ Drop below $0.7720 could invalidate the bullish bias short-term.
---
📈 Trend Cooling Off — But Bullish Setup Still in Play. Are You Watching the Support Zone?
