MY QUICK ANALYSIS OF $ADA
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What volatility of $ADA lately! I have been following the pair and, honestly, its fluctuations are on fire. For me, the key is to be super attentive to support and resistance levels. Those are the points that will tell us if it's a good time to enter or if it's better to wait.
Also the trading volume, because that always gives hints about how strong a movement is. Although be careful, we all know that volume alone is not a determining factor since cryptocurrencies are affected by macroeconomic events, geopolitical tensions, and today we are in the red due to the conflict in the Middle East 😮💨 Is it that we are facing a good opportunity to buy now that it has corrected a bit, or is it better to be cautious?
I always say: do your own research (DYOR) before moving a finger! The crypto market is crazy and you have to be smart with risk management.
Share what you are seeing and what your strategies with ADA are!