Technical Analysis for #ADA/USDT:
Technical Analysis for #ADA/USDT:
ADA The daily chart indicates the formation of a symmetrical triangle, suggesting a potential breakout in the bullish direction. The current price at $1.059 is near the lower support zone. Key support lies at $0.9168, presenting an ideal buying opportunity. Projected targets after the breakout are $1.4594, $1.7574, and $2.0387. Traders are advised to set a stop loss below $0.89 for risk management.
ADA The daily chart indicates the formation of a symmetrical triangle, suggesting a potential breakout in the bullish direction. The current price at $1.059 is near the lower support zone. Key support lies at $0.9168, presenting an ideal buying opportunity. Projected targets after the breakout are $1.4594, $1.7574, and $2.0387. Traders are advised to set a stop loss below $0.89 for risk management.
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