ADA/USDT · 4h · Binance
Price: 0.2512
Market read
The 4h structure is bullish, forming higher highs and higher lows. RSI at 72.6 is in overbought territory, so momentum is stretched to the upside. Price is sitting between the nearest levels, so there's no real edge in the middle right now.
Key levels
Resistance
0.2530 fair value gap
Support
0.2371 fair value gap
0.2298 fair value gap
0.2232 fair value gap
0.2090 liquidity
🟢 Long idea
A long sets up if price pulls back into 0.2369 to 0.2379 (fair value gap) and buyers defend it. I'd want to see them step in with a bullish engulfing, a hammer, or a strong lower wick, then a break of the last 15m swing high. RSI turning...
$ADA #DeFi #Trading #Altcoin #CryptoTrading
Risk before reward. CryptoYaan.com
Educational, not financial advice.
Price: 0.2512
Market read
The 4h structure is bullish, forming higher highs and higher lows. RSI at 72.6 is in overbought territory, so momentum is stretched to the upside. Price is sitting between the nearest levels, so there's no real edge in the middle right now.
Key levels
Resistance
0.2530 fair value gap
Support
0.2371 fair value gap
0.2298 fair value gap
0.2232 fair value gap
0.2090 liquidity
🟢 Long idea
A long sets up if price pulls back into 0.2369 to 0.2379 (fair value gap) and buyers defend it. I'd want to see them step in with a bullish engulfing, a hammer, or a strong lower wick, then a break of the last 15m swing high. RSI turning...
$ADA #DeFi #Trading #Altcoin #CryptoTrading
Risk before reward. CryptoYaan.com
Educational, not financial advice.
