ADA: Support Zone Detected, Potential Price Increase! ($ADA)
ADA may have found support above $0.42! Price is setting higher lows and retesting the 50-day MA (resistance) for the third time.
Bullish on ADA? Consider entering a trade between $0.46 and $0.48 with Take Profit targets at $0.58-$0.60 (first resistance) and potentially $0.6650-$0.6870 (next resistance).
Stop Loss: $0.40 (daily close below invalidates the trade). Consider adding to your position if price closes above the 50-day MA.
RSI reset on daily and weekly charts suggests price might be finding a low.
#ADA #Crypto #TechnicalAnalysis #SupportZone #BuyZone
Bullish on ADA? Consider entering a trade between $0.46 and $0.48 with Take Profit targets at $0.58-$0.60 (first resistance) and potentially $0.6650-$0.6870 (next resistance).
Stop Loss: $0.40 (daily close below invalidates the trade). Consider adding to your position if price closes above the 50-day MA.
RSI reset on daily and weekly charts suggests price might be finding a low.
#ADA #Crypto #TechnicalAnalysis #SupportZone #BuyZone
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