#ADAUSD $ADA ๐ Market Snapshot
Current Price: $0.8365
24h High / Low: $0.8452 โ $0.7944
Moving Averages (MAs):
MA(7): $0.8190 โ short-term support
MA(25): $0.8199 โ trend confirmation
MA(99): $0.8316 โ long-term pivot
ADA is trading above short-term and long-term averages, showing bullish momentum after bouncing from $0.79 support. Resistance is building near $0.85 โ $0.87.
๐ Key Levels
Support Zones: $0.820 โ $0.810 โ $0.794
Resistance Zones: $0.845 โ $0.871 โ $0.892
โก Trade Setup
Scenario 1: Long Position (bullish continuation)
Entry: $0.830 โ $0.840 (if support holds above $0.820)
Stop Loss (SL): $0.810 (below key support)
Take Profit (TP):
TP1: $0.845
TP2: $0.871
TP3: $0.892
Scenario 2: Short Position (if rejection at resistance)
Entry: $0.845 โ $0.855 (if bearish rejection candle forms)
Stop Loss (SL): $0.871
Take Profit (TP):
TP1: $0.820
TP2: $0.810
TP3: $0.794
๐ Notes
ADA is recovering from the $0.79 low and is bullish as long as it holds above $0.82.
A breakout above $0.871 could push price toward $0.892 โ $0.90.
If it slips below $0.810, bearish pressure may drag it back to $0.794 โ $0.790.