šØ $ADA /USDT READY FOR A BIG MOVE! Critical Levels and Strategy Explained šØ
$ADA /USDT is climbing within a solid ascending channel on the 15-minute chart, trading around $0.3492 after showing a 4.96% gain today. With consistent higher lows, ADA is pushing against resistance near $0.3500 ā a breakout from here could set the stage for a significant rally!
š Key Levels to Watch:
ā¢ Resistance: $0.3511 ā A clean break above this could attract strong bullish momentum, opening doors to $0.3550 and possibly $0.3600.
ā¢ Support: $0.3400 ā A dip below this might lead to a retracement to $0.3350 or lower, signaling potential short opportunities.
š¼ Entry Strategy:
ā¢ Long Entry: Look to enter above $0.3511, with targets at $0.3550 and $0.3600 for profit-taking. Place a stop loss at $0.3480 to manage downside risk.
ā¢ Short Entry: If ADA drops below $0.3400, a short position could be viable, targeting $0.3350 with a stop loss at $0.3440.
š„ Price at a Crossroad ā Brace for Volatility! If ADA/USDT breaks resistance, a surge in buyer activity may follow. However, failure to hold above support could bring strong selling pressure. Plan your moves wisely!#BTC67KRebound #BTCETFDemandSurge #TeslaBTCQ3HoldingsStable #CryptoPreUSElection #CryptoAMA