🚹 $ADA /USDT: Testing Crucial Support Zone! 🚹

$ADA is currently trading at 1.0548, down 2.12%. The price is consolidating near the support level, showing signs of a potential rebound or further breakdown.

💡 Key Levels to Watch:

‱ Resistance: 1.0839, 1.1200, 1.1498

‱ Support: 1.0433, 1.0375, 1.0000

📉 Trade Strategy:

‱ Long Entry: Above 1.0839, targeting 1.1200, 1.1498, and 1.1800.

‱ Stop Loss: 1.0433

‱ Short Entry: Below 1.0433, aiming for 1.0375, 1.0000, and 0.9500.

‱ Stop Loss: 1.0839

⚠ Note: The current setup suggests increased volatility. A break above resistance may trigger bullish momentum, while losing support could accelerate selling pressure. Keep an eye on volume!