🚨 $ADA /USDT ALERT: Key Retracement Zone – What’s Next? 🚨
$ADA is trading at 0.7972, down by 4.13%, retracing after reaching a recent high of 0.8435. With support and resistance levels being tested, the next move could be pivotal.
📊 Key Levels to Watch:
🔼 Resistance: 0.8300 – A breakout above this level could target 0.8700, 0.9100, and 0.9500.
🔽 Support: 0.7650 – A drop below could see ADA test 0.7300, 0.7000, and 0.6700.
🎯 Trade Setup:
• Long Entry: Above 0.8300, targeting 0.8700, 0.9100, and 0.9500.
• Short Entry: Below 0.7650, aiming for 0.7300, 0.7000, and 0.6700.
• Stop Loss: Long: 0.7800 | Short: 0.8100
⚡ Market Insight: ADA’s retracement could indicate a correction or consolidation phase. Volume and momentum will be critical in determining the direction of the next big move.