šŸš€ $ADX /USDT Technical Analysis: Bullish Momentum Taking Shape!

$ADX /USDT is trading at $0.2828 (+8.98%), showing strong recovery from the 24h low of $0.2500. The price recently tested the $0.2920 resistance, signaling buyers' interest and setting up for a potential breakout. Hereā€™s a detailed look at key levels and targets.

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šŸ“Š Key Levels to Watch

1. Resistance Levels (Targets):

Target 1: $0.2850 ā€“ Immediate resistance; a breakout here confirms short-term momentum.

Target 2: $0.2920 ā€“ 24h high and significant breakout level to watch.

Target 3: $0.3000 ā€“ Psychological resistance, indicating strong upside potential.

2. Support Levels:

Support 1: $0.2750 ā€“ Immediate support level to hold the bullish structure.

Support 2: $0.2650 ā€“ Deeper support where buyers may step in for a rebound.

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šŸ“ˆ Market Insights

Volume: ADX recorded 41.36M in 24h trading volume, reflecting increased trader activity.

Trend Structure: Higher lows and continued pushes to resistance suggest a bullish trend.

Breakout Potential: Watch for volume confirmation above $0.2850 to trigger further upside.

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šŸŽÆ Trading Strategy

Entry Zone: $0.2780 - $0.2850

Targets: $0.2850 / $0.2920 / $0.3000

Stop Loss: Below $0.2700

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āš ļø Risk Management Tip

Monitor for volume and price action around $0.2850. A breakout above resistance with increasing volume indicates strong momentum toward the next targets.

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ADX/USDT is showing bullish signalsā€”stay focused and trade smart on Binance!

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