#ADAUSD $ADA 🔎 Market Snapshot
Current Price: $0.8365
24h High / Low: $0.8452 – $0.7944
Moving Averages (MAs):
MA(7): $0.8190 → short-term support
MA(25): $0.8199 → trend confirmation
MA(99): $0.8316 → 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 – $0.87.
📊 Key Levels
Support Zones: $0.820 → $0.810 → $0.794
Resistance Zones: $0.845 → $0.871 → $0.892
⚡ Trade Setup
Scenario 1: Long Position (bullish continuation)
Entry: $0.830 – $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 – $0.855 (if bearish rejection candle forms)
Stop Loss (SL): $0.871
Take Profit (TP):
TP1: $0.820
TP2: $0.810
TP3: $0.794
📝 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 – $0.90.
If it slips below $0.810, bearish pressure may drag it back to $0.794 – $0.790.