ADA/USDT 1H: Bullish Structure Holding – Breakout to $0.88?!!

ADA/USDT 1H: Bullish Structure Holding – Breakout to $0.88?
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Market Structure & Momentum:

Current Price: $0.8231, showing bullish momentum.
Pattern: Ascending triangle formation, confirming higher lows and Smart Money accumulation.
RSI at 61.24, still below overbought levels, allowing room for further upside.

Key Levels:

Support: $0.78 (previous demand zone).
Resistance: $0.84 (breakout level).
Stop Loss: Below $0.775 (under structure support).

Targets:

T1: $0.85 (short-term resistance).
T2: $0.88 (extended move).
Long Setup (Confidence 8/10):
Entry Zone: Current price ($0.8231).
Hidden bullish divergence on RSI, confirming strength in momentum.
Smart Money accumulation visible, reinforcing higher lows.

Risk Score:

7/10 – Strong setup, but confirmation needed above $0.84.

Market Maker Intent:
I

nstitutional buying pressure visible, signaling demand at current levels.
Market Makers likely accumulating before next leg up.
Break above $0.84 confirms strength and triggers upside continuation.

Recommendation:

Long entry favorable at current price ($0.8231).
For a safer entry, wait for a confirmed breakout above $0.84.
Maintain stops below $0.775 to minimize downside risk.

Confidence Level:

8/10 – Bullish structure intact, but breakout confirmation required.

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Cryptokijker

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Cryptokijker