๐จ $ADA /USDT: Bullish Continuation โ Key Levels to Watch! ๐ฅ
$ADA is currently trading at $1.1666, reflecting a +14.31% increase in the last 24 hours. The price shows significant bullish momentum after breaking through key resistance, signaling potential further upside.
Trade Setup:
Long Entry:
Entry: Above $1.1700
Targets:
Target 1: $1.2000
Target 2: $1.2500
Target 3: $1.3000
Stop Loss: $1.1400
Short Entry:
Entry: Below $1.1500
Targets:
Target 1: $1.1000
Target 2: $1.0500
Stop Loss: $1.1700
Market Insights:
Resistance Zone: The key level to watch is $1.1700. A successful break and hold above this level could drive the price higher toward $1.2000 or beyond.
Support Level: If $1.1500 breaks, expect a potential pullback to $1.1000 and further to $1.0500.
Volume: Healthy volume with 406.56M ADA traded, supporting the current bullish trend.
Risk Management:
As always, employ tight stop losses and adjust position sizes according to your risk appetite. The cryptocurrency market can be volatile, so stay prepared for sudden price movements.
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