$ADA /USDT Reversal in Sight? Key Levels to Watch for Long Opportunities!🔥💯
The chart shows $ADA /USDT forming a bullish reversal after a steep downtrend within a falling channel. The price currently faces resistance at $1.0780, highlighted by the purple zone, while support is observed near $1.0600.
Long Entry Strategy:
• Entry Zone: $1.0690 - $1.0750
• Short-Term Targets: $1.0800 / $1.0900
• Stop Loss: Below $1.0580
Mid-Term Insights:
• If $1.0800 breaks with volume confirmation, ADA may trend towards $1.1000 resistance.
• Failure to break this zone could trigger a bearish retracement back to $1.0500.
The falling channel breakout suggests bullish momentum is building. Watch for volume surges above resistance for trend confirmation.
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