Technical analysis by limitissky77 about Symbol ADA: Buy recommendation (2/9/2025)

limitissky77

I am sharing my Views as per the technical Analysis Bullish divergence Formation, Bearish momentum goin weak. The price action is forming a symmetrical triangle, which is typically a neutral pattern, meaning it can break out in either direction. Key Support & Resistance Levels Resistance: Around $0.95 - $1.00 Support: Around $0.65 - $0.70 . Bullish Indications: The price is approaching the apex of the triangle, suggesting an imminent breakout. A breakout above the upper white trendline could push ADA towards $1.00+ 5. Trading Strategy: ✅ Long Position: Enter if price breaks above the white resistance line and confirms with volume. Target: $0.95 - $1.05 Stop-loss: Below $0.6TP-1 Achieved now Move the SL to Entry PriceTrade still moving in our direction, Hold till it reach 1.hold with patience