$ADA Bullish Breakout Setup | 1H Timeframe
Recent long liquidations have cleared leveraged positions, setting the stage for a potential bullish continuation if support holds.
Key Levels
Immediate Support: 0.365 – 0.360
Major Support: 0.352
Resistance: 0.385 → 0.405
Trade Setup (Bullish Bias)
Entry: Buy on dips near 0.365–0.360 or on a strong break & close above 0.385
Targets:
TP1: 0.385
TP2: 0.405
TP3: 0.430
Stop Loss: Below 0.352
Market Sentiment The liquidation sweep suggests weak longs are out. If ADA maintains structure above support, buyers may regain control with momentum favoring an upside move.
ADA
0.2743
-3.17%