$ADA ADA/USDT ($1.08) Strategy
Technical analysis suggests a flexible approach, tailored to key market movements, with three main scenarios:
Buy on Breakout:
Buy if price breaks the $1.10 resistance on high volume, which would signal a possible bullish trend reversal.
Target: Between $1.25 and $1.30.
Stop-Loss: Below $1.05 to minimize risk.
Buy on Bounce:
Enter at levels close to the key $1.00 support if there are signs of a bounce, such as bullish candles or an oversold RSI.
Target: Between $1.15 and $1.20.
Stop-Loss: Adjust below $0.95 to limit losses in case of a drop.
Buy on Low Support:
Strategy to accumulate in case of a major correction towards $0.90-$0.95.
Objective: Look for a return to $1.05-$1.10.
Stop-Loss: Place below $0.85 to protect capital in case of a support break.
Additional Recommendations:
Indicators to use:
7, 25 and 99 period moving average to identify short, medium and long term trends.
MACD and RSI to confirm entries at key levels.
Risk Management:
Do not invest more than 5% of total capital in each entry.
Adjust positions according to the macroeconomic context and market volatility.