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【$ADA Signal】Pullback to add long + 1H momentum continuation
$ADA Buy order depth ratio is 1.18, funding rate is 0.01%, 4H MACD bars continue to expand. 1H MACD bars start to shorten but remain positive, RSI at 66.5 without hitting the top. Current price is 0.2516, slightly above the upper end of the suggested range, waiting for a pullback to 0.2491-0.2503 area to set up.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.2491 - 0.2503
🛑Stop loss: 0.2471
🚀Target 1: 0.2531
🚀Target 2: 0.2551
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.
The 4H buy order ratio has risen for four consecutive candles, quickly digesting selling pressure. The last 1H candle shows a volume contraction pullback, still acceptable for continuation. The risk-reward ratio of 0.85 is not high, but the 4H trend favors bulls, making it worth betting.
Check real-time market 👇 $ADA
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