$ADA /USDT Trading Signal - Pullback After Testing Resistance
Current Price: $1.1304
Key Levels:
24h High: $1.1519
24h Low: $1.0575
Observation:
$ADA /USDT has shown a 4.55% gain in the last 24 hours, rallying to a high of $1.1519 before pulling back slightly. The price is consolidating near $1.13, with immediate support around $1.12 and strong buying interest evident at lower levels.
Potential Strategy:
Entry Range: $1.1200 - $1.1350
Targets:
Target 1: $1.1450 (Immediate Resistance)
Target 2: $1.1550 (24h High Retest)
Stop Loss: $1.1000
Key Insights:
The retracement provides an opportunity to enter the market for a potential recovery. A breakout above $1.1450 could lead to another test of the $1.1519 high. Secure partial profits at Target 1 and adjust stop-loss after achieving it to lock in gains.