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๐ ADA/JPY Analysis: Key Levels and Entry Strategy:
1. Support Level: ADA has found support around ยฅ47.15. This level represents a potential buying opportunity, as price tends to bounce from here.
2. Resistance Level: The resistance at ยฅ50.31 is crucial. A breakout above this level could signal further upside, while failure to breach it might lead to a pullback.
3. Entry Strategy: Buy: Consider buying ADA if it holds above ยฅ47.15 and breaks above ยฅ50.31. - Sell: Be cautious if ADA falls below ยฅ47.15; consider selling if it breaks support.
:Remember to use additional indicators and risk management techniques for precise entries and exits. Happy trading! ๐๐
Disclaimer: This is not financial advice. Always do your own research and consult with a professional before making any investment decisions. ๐#Write2Earn! #ADA.24ๅฐๆถไบคๆ็ญ็ฅ #AdakToTheMoon
