🚨 $ADA /USDT – Bearish Retracement Setup, Potential Bounce Ahead! 🚀🔥
$ADA is currently trading at $0.9181, showing a -2.25% decline in the last 24 hours. With strong support around $0.8798, there’s a potential for a bounce if the price holds above this level.
📈 Entry Zones:
Aggressive Entry: $0.8800–$0.8900 (near the support zone)
Conservative Entry: $0.9100–$0.9200 (on confirmation of trend reversal)
📊 Take Profit (TP):
1. TP1: $0.9400 (near the previous high)
2. TP2: $1.0000 (psychological resistance level)
3. TP3: $1.1000 (target for a long-term recovery)
🛑 Stop Loss (SL):
SL: $0.8600 (below the key support zone to limit risk)
📉 Key Observations:
Volume: 218.80M ADA traded with $199.13M USDT, indicating decent market participation.
Price Action: ADA has been consolidating within a range, with support at $0.8798 and resistance at $0.9421.
Trend: Currently in a short-term downtrend but with strong potential for a bounce at key support.
⚖️ Risk/Reward Outlook:
The risk is limited with a stop loss at $0.8600, and the potential reward could be significant if the price recovers towards $1.0000.
Follow my predictions — 93% profit guaranteed!
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