ADA 112% PUMP ALERT 🔥
Coin name- #ADAUSDT
Signal type- Long
The ADA/USDT chart exhibits a bearish trend, with lower highs and price testing a key demand zone near $0.89. RSI at 46.85 suggests neutral momentum but lacks bullish confirmation. A breakdown below this zone could lead to further downside. Recovery above $1.00 is needed to shift sentiment to bullish.
The ADA/ETH chart shows a pullback from its recent high, forming a lower high
(LH) and consolidating near 0.0002654. RSI at 47.50 indicates neutral momentum. A bullish continuation requires breaking above 0.000273, while failure to hold the
support near 0.000255 risks further bearish pressure. Volume confirmation is key.
Based on the chart, BTCUSDT exhibits a bullish structure on the larger timeframe. The ascending wedge pattern and the fair value gap (FVG) support potential upward momentum. Key resistance lies near $138,000. However, a breakdown below the structural support could turn bearish. Volume analysis and RSI confirmation are crucial.
The BTC dominance chart forms a symmetrical triangle pattern, indicating consolidation. A breakout above resistance could signal a bullish trend, leading to Bitcoin gaining dominance. Conversely, a breakdown below support may suggest a bearish shift, favoring altcoins. Monitoring volume and RSI indicators is essential for confirming the breakout direction.
Entry Price- 0.888
T/P-1.33
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