Technical analysis by CryptoSheykh about Symbol ADA: Buy recommendation (5/5/2025)

CryptoSheykh
LONG ADA/USDT | Bullish Reversal Setup

ADA/USDT | Bullish Reversal Setup📊 Market StructureContext: After a retest of April highs, ADA pulled back into a shallow down-sloping support line (blue).Implication: A series of higher-low tests into that line suggests buyers are defending this area.🔹 Demand Order BlockZone: 0.6350 – 0.6500 USDT (shaded blue)Key Entry Levels:0.6500 USDT 0.6436 USDT 0.6350 USDT ⚔️ Long Entry StrategiesAggressive: Scale into longs on a bounce off 0.6500 USDT with a strong bullish candle.🛑 Stop LossClose below Level: 0.6157 USDTPlaced just below the demand block to absorb noise yet protect capital.🎯 Profit TargetsTP10.6853TP20.7192TP30.7568🔧 Trade ManagementScale-Out: Take partial profit at each TP to lock in gains.Trail Stop: Move to breakeven once TP1 is reached.Invalidation: A daily close below 0.6157 USDT negates the setup—exit and reassess.