$ADA Trade Ideas:
Conservative Approach:
Long Entry: 0.3600 – 0.3670
Stop Loss: 0.3550
Take Profit: 0.3750, 0.3850, or higher
Rationale: ADA is seeing a pullback to a previous support area after a significant upward movement. While selling increased, the price is now at a level where buyers previously entered. If this support holds,
the overall trend has a chance to continue upward.
$ADA Higher Risk Approach:
Short Entry: 0.3800 – 0.3850
Stop Loss: 0.3920
Take Profit: 0.3670, then 0.3550
Rationale for Risk: A large part of the recent downward movement has already occurred. Entering a short position near support could be risky due to the possibility of a bounce or a quick reversal back up.
