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【$ADA Signal】Long: 4H buying support + 1H seller exhaustion
$ADA 0.2478, the middle band of the 4H Bollinger Bands is at 0.2468, three consecutive candles closed above it, buying depth is 1.13, and there are dense orders around 0.2460 below. The last 1H candle's selling volume sharply dropped to 0.31, trading volume shrank, and the bears lack the strength to push down.
🎯Direction: Long
⚡Entry/Order: 0.2477 - 0.2481 (current price 0.2478, enter directly)
🛑Stop loss: 0.2457
🚀Target 1: 0.2517
🚀Target 2: 0.2536
🛡️Trade management: - Execute strategy: reduce 50% at Target 1, move stop loss to 0.2485. If the price retraces to 0.2477 without breaking, add positions; if it falls below 0.2457, exit.
Although the 4H MACD histogram is narrowing, the two lines are still above water, funding rate is 0.01%, no anomalies, and open interest is stable. Current risk-reward ratio is 1.49, worth betting on a breakout above the previous high of 0.2503.
Check real-time market 👇 $ADA
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