(ADAUSDT) has successfully broken above a strong consolidation and resistance zone between 0.6250–0.6550, confirmed by a bullish breakout candle with volume support.
Market Structure:
The price has been ranging within a tight zone for several days.
Clean breakout above the resistance area indicates bullish momentum.
Immediate bullish target lies at 0.8258, aligning with previous supply and structural highs.
Trade Setup:
Entry: Already triggered above 0.6550
Stop Loss: Below 0.6250 support zone
Take Profit: 0.8258
Bias: Bullish continuation
If momentum holds, ADA could aim for a 20–25% rally from the breakout point. Monitor volume and price reaction near 0.70 for continuation confirmation.
Market Structure:
The price has been ranging within a tight zone for several days.
Clean breakout above the resistance area indicates bullish momentum.
Immediate bullish target lies at 0.8258, aligning with previous supply and structural highs.
Trade Setup:
Entry: Already triggered above 0.6550
Stop Loss: Below 0.6250 support zone
Take Profit: 0.8258
Bias: Bullish continuation
If momentum holds, ADA could aim for a 20–25% rally from the breakout point. Monitor volume and price reaction near 0.70 for continuation confirmation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.