$ADA 1H 📊

ADA is sitting in an interesting spot here. The bounce from $0.2032 was solid, and price reclaimed the 1H Supertrend around $0.2039. The recent push toward $0.2097 shows buyers are still trying to take control, but that level is clearly acting as resistance.

I’d prefer a buy-the-retest setup rather than chasing the current candle.

Long Setup

Entry: $0.2050–$0.2065

SL: $0.2028

TP1: $0.2097

TP2: $0.2130

TP3: $0.2170

What I’m watching 👀

The $0.2050–$0.2065 zone is the cleaner area for a retest. If buyers defend it, the structure remains constructive and ADA can make another attempt at $0.2097.

A clean 1H close above $0.2097 would be the stronger confirmation and could open the way toward $0.2130 and $0.2170.

On the downside, $0.2039 is the key Supertrend support. Losing $0.2028 would invalidate this long setup and could send ADA back toward the $0.2032 low.

Clean play: don’t chase into $0.2097 resistance. Let ADA give the retest around $0.205–$0.2065, or wait for a confirmed breakout.

The setup is decent, but $0.2097 is the level that needs to break before I’d get more bullish. 📈

Chart-based levels only, not financial advice.

#ADA