ADA/USDT Short-Term Trading Strategy
Buying Strategy (Long Position)
Entry Price: 0.90-0.92 USDT
Take Profit Price: 0.96-0.98 USDT
Stop Loss Price: 0.88 USDT
Position: 30% of funds
Trading Type: Spot or Contract
Leverage: Recommended below 5x for contracts
Selling Strategy (Short Position)
Entry Price: 0.96-0.98 USDT
Take Profit Price: 0.90-0.92 USDT
Stop Loss Price: 1.00 USDT
Position: 20% of funds
Trading Type: Contract
Leverage: Recommended below 3x
Technical Indicator Interpretation
1. RSI:
RSI(6) is 61, RSI(12) is 69, RSI(24) is 71, close to the overbought area, indicating potential short-term fluctuations or pullback demand.
2. KDJ:
K value is 61, D value is 70, J value is 42, indicating that short-term market bullish strength has weakened, with adjustment risks.
3. MACD:
DIF is slightly above DEA, MACD is positive, but momentum is weak, indicating limited upward space.
4. Bollinger Bands:
Current price is close to the middle band (approximately 0.93), with support below the middle band and resistance at the upper band (approximately 1.00).
5. Trading Volume:
Trading volume has decreased, indicating weakened bullish strength, but overall market trading remains relatively active.
Strategy Logic
Buying Strategy: Wait for the price to pull back to the support area (0.90-0.92 USDT) to buy low, targeting a rebound to 0.96-0.98 USDT; if it breaks below 0.88 USDT, quickly stop loss.
Selling Strategy: If the price rebounds to the resistance area (0.96-0.98 USDT), a short position can be opened, targeting a pullback to 0.90-0.92 USDT; set stop loss above 1.00 USDT.
Flexible Adjustment: Monitor changes in trading volume, and if the price breaks through the resistance area (1.00 USDT), cautiously adjust the strategy.
Strictly execute take profit and stop loss rules to ensure risk is controllable.$ADA