$ADA /USDT Analysis: Opportunity Alert!💯🔥
Current Price: $0.9275 (+8.52%)
ADA has displayed strong recovery from its recent dip near $0.90, bouncing back to $0.9275 on the 30-minute chart. The price action indicates buyers stepping in at key support levels.
Long Trade Entry:
• Entry Zone: $0.915 - $0.925
• Target 1: $0.950
• Target 2: $1.00
• Stop-Loss: $0.895 (below recent low)
Short Trade Entry:
• Entry Zone: $0.950 - $0.960
• Target 1: $0.915
• Target 2: $0.900
• Stop-Loss: $0.970 (above resistance)
Market Outlook:
1. Bullish Scenario: If ADA holds above $0.92, it could aim for $1.00, breaking the recent downtrend.
2. Bearish Scenario: A rejection near $0.95 could trigger a retest of $0.90 or lower.
Traders should monitor the $0.950 resistance level closely for further momentum confirmation. Partial profit booking and tight stop-loss management are advised as volatility remains high.