🚨 $ADA ALERT: Bullish Momentum Building! 🚨
ADA is trading at 1.1611, showing an impressive uptrend with resistance at 1.2424. A breakout above this could target 1.30, 1.40, and 1.50. Support is firm at 1.05; a break below may lead to 0.95 or 0.85.
Trade Setup:
Long Entry: Above 1.20, targeting 1.30, with a stop loss at 1.10.
Short Entry: Below 1.05, targeting 0.95, with a stop loss at 1.15.
The chart suggests bullish pressure dominating, but a slight retracement may occur due to market volatility. Watch BTC's trend for added confirmation. Tight risk management is key!