šØ $ADA /USDT ALERT: $1.0829 ā Testing Key Levels! šØ
$ADA is up 1.65%, consolidating near its current support after reaching a 24-hour high of $1.1911. With strong trading volume of 613.54M ADA, the price action suggests a potential move in either direction.
Key Levels to Watch:
1. Target 1: $1.0908 ā Immediate resistance. A breakout above this level could signal a short-term recovery.
2. Target 2: $1.1911 ā The 24-hour high and a crucial resistance level. A move above this could trigger bullish momentum.
3. Target 3: $1.2500 ā A psychological resistance zone, likely to act as the next major target if momentum builds.
Support Level:
$1.0557 ā A critical support zone. A breakdown below this level may result in further declines toward $1.0000.
Trade Setup:
Entry Price: $1.0829
Stop Loss: Below $1.0557 to minimize risk.
Take Profit Targets: $1.0908, $1.1911, $1.2500
ā ļø Note: ADA is experiencing moderate volatility. Confirm breakout or breakdown levels with volume and maintain tight risk management to protect against sudden market swings.