Technical analysis by vf_investment about Symbol ADA: Buy recommendation (5/9/2025)

Currently, ADA/USDT is forming a bullish flag pattern on the 3-day (3D) chart, which typically signals a potential continuation of the prevailing uptrend. This consolidation phase suggests the market may be preparing for a breakout.Traders are advised to enter long positions only upon confirmation of a breakout above the upper boundary of the flag formation, supported by strong volume. Premature entries may carry increased risk due to potential false breakouts or extended consolidation.If the breakout is confirmed, the projected upside target for long positions is set at $1.68, aligning with previous resistance levels and measured move projections of the pattern.Risk management remains essential—always use appropriate stop-loss levels and position sizing.