š¹ $ADA / USDT ā Base Formation & Potential Reversal š¹
$ADA is showing signs of stabilization after a prolonged pullback from the $0.47 region, currently trading at $0.4035. The 4H chart indicates slowing selling pressure near the $0.39ā$0.40 support zone, with price starting to form a potential base for a recovery move.
š Market Structure
Support holding at $0.39ā$0.40
Price consolidating and forming a recovery base
Potential for trend reversal if momentum picks up
šÆ Trade Setup (Long)
Entry Zone: $0.398 ā $0.405
Target 1: $0.420
Target 2: $0.445
Target 3: $0.475
Stop Loss: $0.388
š„ Outlook
Holding above the $0.395ā$0.400 support zone keeps the recovery bias valid. A strong breakout and close above $0.420 can confirm trend reversal and open the path toward the $0.45ā$0.47 resistance zone.
ā Buy and trade ADA with proper risk management
