$ADA Trading at $0.7106 – Bulls Facing Overhead Resistance
ADA is currently trading at $0.7106, showing a recent upward attempt but now facing immediate resistance. The price action at this level will determine if the buyers can push higher or if the selling pressure will lead to a retreat.
Key Levels:
Resistance: $0.7120 (immediate), $0.7150 (stronger)
Support: $0.7095 (immediate), $0.7050 (stronger)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move above $0.7120 could target:
Target 1: $0.7150
Target 2: $0.7200 (implied, near previous highs)
Bearish Entry: A break below $0.7095 could target:
Target 1: $0.7050
Target 2: $0.7000 (round number support)
ADA/USDT is at a critical juncture. A decisive break above $0.7120 could signal further upside, while a slip below $0.7095 might lead to a deeper pullback.