🚨 $ADA /USDT: Testing Crucial Support Zone! 🚨
$ADA is currently trading at 1.0548, down 2.12%. The price is consolidating near the support level, showing signs of a potential rebound or further breakdown.
💡 Key Levels to Watch:
• Resistance: 1.0839, 1.1200, 1.1498
• Support: 1.0433, 1.0375, 1.0000
📉 Trade Strategy:
• Long Entry: Above 1.0839, targeting 1.1200, 1.1498, and 1.1800.
• Stop Loss: 1.0433
• Short Entry: Below 1.0433, aiming for 1.0375, 1.0000, and 0.9500.
• Stop Loss: 1.0839
⚠️ Note: The current setup suggests increased volatility. A break above resistance may trigger bullish momentum, while losing support could accelerate selling pressure. Keep an eye on volume!