🚀 $ADA /USDT: Testing Support After Bullish Surge – Watch for Rebound Potential! 🚀
On the 15-minute chart, $ADA /USDT is currently trading at 0.6476, showing a strong gain of 17.92% over the past 24 hours. After reaching a high of 0.6965, ADA is now consolidating near a critical support level. This recent high at 0.6965 acts as the primary resistance, while immediate support lies around 0.6167.
For a strategic entry, consider positioning around 0.6450, just above the current support zone, to capitalize on potential upward movement. Tight target points for taking profits are set at TP1: 0.6600, TP2: 0.6750, and TP3: 0.6900, just below the resistance level. A stop loss at 0.6300 is advised to mitigate risk if the price dips further below support.
The RSI at 45 suggests that $ADA is not overbought, leaving room for another possible rally if buyers step in at support. Monitoring volume and price action around these levels is key, as any increase in buying pressure could indicate a push toward resistance.