$ADA /USDT Breakout Watch: Bullish Momentum Building
$ADA /USDT has surged to $1.1043 after a strong rally from recent lows, indicating renewed buyer interest. The price is now eyeing key resistance levels.
Technical Analysis:
Support Zone: $1.0800 – $1.1000
Immediate Resistance: $1.1200
Key Resistance: $1.1500
The breakout candle above $1.1000 signals bullish momentum. If sustained, ADA could move toward higher resistances.
Trading Signal:
Entry Zone: $1.1000 - $1.1100
Targets:
1. Target 1: $1.1200
2. Target 2: $1.1350
3. Target 3: $1.1500
Stop Loss: Below $1.0800
Market Insights:
ADA has gained 64.92% over the last 30 days and 235.10% in the past 90 days, reflecting strong recovery momentum.
A clear break above $1.1200 could confirm further bullish continuation.
Risk Management Tip: Use a stop loss to limit risk and secure profits progressively at each target.