๐Ÿšจ $ADA /USDT โ€“ Rejection from Local High, Eyes on Support Zone ๐Ÿ“ˆ

ADA is trading at $0.6234, down -1.24% after a sharp drop from its 24H high of $0.6348. The pullback is approaching key support near $0.6190, where the last bounce originated. Volume remains moderate, hinting at a possible consolidation or reversal ahead.

Long Trade Setup:

Entry Zone: $0.6200 โ€“ $0.6240

Target 1: $0.6300

Target 2: $0.6380

Final Target: $0.6480

Stop Loss: $0.6160

Short Trade Setup (If Breaks Below Support):

Entry Zone: $0.6180 โ€“ $0.6200

Target 1: $0.6100

Target 2: $0.6030

Final Target: $0.5950

Stop Loss: $0.6260

Pro Tip: Watch for bullish engulfing or volume spike near $0.6200 for long confirmation. If that fails, prepare for a downside slide.

ADA
ADA
0.2955
-1.40%

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