Reclaim of short term support with higher low formation signals bullish recovery attempt $ADA /USDT
Trade Plan
Entry $0.262 to $0.268
Stop Loss $0.248
Take Profit 1 $0.280
Take Profit 2 $0.295
Take Profit 3 $0.315
Why this setup
On the 4H timeframe ADA formed a higher low around $0.250 and is now reclaiming the $0.265 resistance area. Price structure is shifting from lower highs to potential trend reversal with improving momentum. As long as price holds above $0.255, continuation toward $0.280 and higher levels is likely.
Debate question
Will ADA break above $0.280 to confirm a stronger reversal or face rejection and retest $0.250 again?
Buy and Trade $ADA USDT Here 👇⬇️
ADAUSDT
Perp
0.2631
+2.53%