🚨$ADA /USDT Analysis🚨
📊The ADA/USDT pair is currently trading at $1.0140, up 8.44% in the last 24 hours. The price is currently consolidating after a strong bullish move, forming a potential bullish flag pattern.
📈Long Entry: $1.0200 (above the flag pattern)
🛑Stop-Loss: $0.9900 (below the recent swing low)
📉Short Entry: $1.0500 (above the recent swing high)
🛑Stop-Loss: $1.0700 (above the recent swing high)
💹The 24-hour trading volume is at $400.45M for ADA and $390.73M for USDT, indicating strong market activity. The 1-hour chart shows a bullish trend with higher highs and higher lows. The 1-day chart shows a bullish trend with a potential bullish flag pattern forming.
⚠️Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
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