LONG #ADAUSDT from $0.61 stop loss $0.4945

1h TF. At the moment, the asset price shows a wide consolidation movement within the area of ​​0.5200 - 0.6202. At the price mark of 0.5303, a new large support volume was formed at a key moment of the price movement. After the formation of this volume, the asset rushed upward without a retest. In the local perspective, we expect a corrective movement for this instrument, against which we will consider a buying scenario for an upward trend on a retest of this volume. For additional security, stop loss should be placed behind the levels of 0.5200 and 0.5000.

The target in the deal is the key resistance area of ​​0.6202 - 0.6515, inside which a take profit should be placed. (entry point 0.5313)