Cardano / TetherUS
Panjang

ADA/USDT 1H: Bullish Structure Holding โ€“ Breakout to $0.88?!!

137
ADA/USDT 1H: Bullish Structure Holding โ€“ Breakout to $0.88?
๐Ÿš€ Follow me on TradingView if you respect our charts! ๐Ÿ“ˆ 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 โ€“ 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 โ€“ Bullish structure intact, but breakout confirmation required.

๐Ÿš€ Follow me on TradingView if you respect our charts! ๐Ÿ“ˆ Daily updates!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.