The $ADA /USDT pair on the 15-minute chart is currently experiencing a slight downturn, with the price sitting at 0.3531 USDT.
The resistance level to monitor is at 0.3639 USDT, a critical point where a breakout could indicate a shift in momentum towards an upward trend. On the support side, 0.3494 USDT is the level to watch, providing a potential cushion against further declines.
For those considering an entry, buying around the current level can be considered, with the following take profit (TP) targets: TP1 at 0.3580 USDT, TP2 at 0.3620 USDT, and TP3 at 0.3650 USDT. A stop loss (SL) is advisable at 0.3470 USDT to mitigate risk.
This trade setup offers the potential to capitalize on an anticipated rebound while protecting against significant downward movements.
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