$ADA
/USDT Technical Analysis & Trade Signal💯🔥🔥
Current Price: 0.9068 USDT
Technical Analysis:
Trend: Bullish (Upward momentum confirmed by a 3.40% increase over 24 hours)
Support: 0.8707 USDT (24h low), around 0.8906 USDT (short-term support)
Resistance: 0.9073 USDT (24h high), near 0.9086 USDT (local resistance level)
Momentum: Positive, indicating upward pressure as ADA has recently surpassed the key resistance level at 0.9068 USDT.
Trade Signal:
Entry: Buy at 0.9060–0.9070 USDT range (near resistance breakout).
Target Levels:
🎯 Target 1: 0.9200 USDT (Immediate resistance breakout)
🎯 Target 2: 0.9300 USDT (Previous price action resistance level)
🎯 Target 3: 0.9500 USDT (Long-term target considering broader trend)
Trade Momentum:
Upward momentum is favorable as ADA has maintained solid growth, showing strength above 0.9000 USDT.
Stop Loss: Consider setting a stop-loss below 0.8900–0.8850 USDT for risk management.
Always ensure to adjust your trading strategy based on changing market conditions.