$ADX /USDT Technical Analysis – Retracement Near Support Zone
Entry Zone: $0.2500 - $0.2580
Targets:
1. First Target: $0.2700 (Short-term resistance)
2. Second Target: $0.2850 (Key momentum level)
3. Third Target: $0.3000 (Recent swing high)
Stop Loss: Below $0.2450
Analysis:
$ADX /USDT is currently trading at $0.2552, showing signs of recovery after a retracement from the $0.3040 high. Price action suggests potential support around $0.2500. If buyers regain momentum, ADX could push toward the $0.2700 mark and beyond.
Risk Management:
Implement a stop loss below $0.2450 to manage risk.
Watch volume and price behavior near $0.2700 for a bullish breakout confirmation.