ADA/USDT 1H: Bullish Structure Holding – Breakout to $0.88?!!

134
ADA/USDT 1H: Bullish Structure Holding – Breakout to $0.88?
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!

Market Structure & Momentum:

  • Current Price: $0.8231, showing bullish momentum.
  • Pattern: Ascending triangle formation, confirming higher lows and Smart Money accumulation.
  • RSI at 61.24, still below overbought levels, allowing room for further upside.



Key Levels:
  • Support: $0.78 (previous demand zone).
  • Resistance: $0.84 (breakout level).
  • Stop Loss: Below $0.775 (under structure support).

Targets:
  • T1: $0.85 (short-term resistance).
  • T2: $0.88 (extended move).
  • Long Setup (Confidence 8/10):
  • Entry Zone: Current price ($0.8231).
  • Hidden bullish divergence on RSI, confirming strength in momentum.
  • Smart Money accumulation visible, reinforcing higher lows.

Risk Score:
  • 7/10 – Strong setup, but confirmation needed above $0.84.

Market Maker Intent:
I
  • nstitutional buying pressure visible, signaling demand at current levels.
  • Market Makers likely accumulating before next leg up.
  • Break above $0.84 confirms strength and triggers upside continuation.

Recommendation:
  • Long entry favorable at current price ($0.8231).
  • For a safer entry, wait for a confirmed breakout above $0.84.
  • Maintain stops below $0.775 to minimize downside risk.

Confidence Level:
  • 8/10 – Bullish structure intact, but breakout confirmation required.

🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.