๐ ADA/USDT Technical Analysis: ๐น Buying, Selling, and Stop Loss Targets ๐ฏ
Current Price: $1.0544 (+5.79%)
Market Highlights:
24h High: $1.0782
24h Low: $0.9693
24h Volume (ADA): 290.30M
24h Volume (USDT): 296.77M
Trading Insights:
1. Immediate Resistance: $1.0782
2. Immediate Support: $1.0400
3. Key Stop Loss Level: $1.0200
Recommended Strategy:
Buying Zone: $1.0400โ$1.0500
Selling Targets: $1.0700, $1.0782, $1.0900
Stop Loss: $1.0200
Market Analysis:
ADA/USDT is showing bullish momentum, with a solid 5.79% increase in the last 24 hours. Traders may consider buying near the support zone between $1.0400 and $1.0500, with targets at $1.0700, $1.0782, and $1.0900. The $1.0782 resistance level could limit further upward movement, so traders might want to take profits near this point. A stop loss at $1.0200 provides protection in case of a retracement. Keep an eye on volume and price action for further confirmation.
