🚨 $ADA /USDT ALERT: Correction or Continuation? 🚨
$ADA is trading at 1.1983, up 2.85%, following a pullback after hitting a 24-hour high of 1.3264. The chart suggests a possible consolidation phase before the next move.
💡 Key Levels to Watch:
• Resistance: 1.2500, 1.3200, 1.3800
• Support: 1.1500, 1.1000, 1.0500
📈 Trade Setup:
• Long Entry: Above 1.2000, targeting 1.2500 and 1.3200.
• Short Entry: Below 1.1500, aiming for 1.1000 and 1.0500.
• Stop Loss: Longs below 1.1300, shorts above 1.2600.
⚠️ Note: Keep an eye on volume and momentum for confirmation. A breakout above resistance could trigger a strong rally, while a breakdown below support may lead to further downside. Manage your risk accordingly.