WhiteHouse021

ADA/USDT – Price Action AnalysisOn the 1-hour timeframe, price has been following a clear downtrend, respecting a descending channel structure. After reaching the lower boundary, sellers lost some momentum, and price started to form a rising wedge, typically seen as a bearish continuation pattern in such contexts.Currently, price is testing a key confluence zone:The upper boundary of the wedgeThe descending trendline resistanceAnd also sitting below the dynamic resistance of the 200 EMA.From a price action perspective:Bullish candles are showing limited strength and upper wicks indicate selling pressure.A confirmed breakdown below the wedge support could lead to further downside towards the previous demand area around 0.6550 - 0.6340.

**ADA/USDT – 1-Hour Chart Analysis** The price is currently testing a key resistance zone around **0.7300 - 0.7760**, aligning with both the descending trendline and the **200 EMA (orange line)**. A rising wedge formation has emerged, indicating a potential reversal or continuation of the downtrend. If the price fails to break above this resistance, a rejection could lead to a pullback towards the **0.6550 - 0.6340** range. However, a breakout above this level may invalidate the bearish setup and signal further upside potential. Monitoring price action around this resistance zone is crucial for assessing the next trend direction.Risk Free At EntryIt looks like a trading range.

The price has shown signs of strength after a significant decline, forming a potential bullish structure. A break above the recent consolidation zone, along with support from the Exponential Moving Average (EMA), suggests a possible upward continuation. If the price holds above this level, further upside movement is expected.

📉 **BTCUSDT Analysis – Bearish Structure on the 15-Minute Timeframe** The chart indicates a strong downtrend in the 15-minute timeframe. After a continuous decline, the price is attempting a recovery, but this move appears to be more of a correction within the bearish trend. The price has shown weakness after touching the Exponential Moving Average (EMA), increasing the likelihood of further downside movement. 🔹 **Entry Level:** 82,205.98 🔹 **Stop Loss:** 82,376.76 🔹 **Final Target:** 80,572.94 **Key Levels:** 🔸 **Major Support:** 80,572.94 🔸 **Major Resistances:** 84,203.62 and 84,550.93 💡 Paying attention to the overall market trend and price reactions to key levels is crucial. In this strategy, **half of the trade volume should be closed at TP1** to secure profits and manage risk effectively.

**SAND/USDT – 15-Minute Chart Analysis** The price has formed a **double bottom** near the **0.3040 - 0.3027** support zone and is showing signs of bullish reversal. A breakout from the short-term downtrend structure has occurred, and a **higher low** is forming. Entry has been taken at the breakout with a target around **0.3206**, which aligns with a previous resistance level. The stop-loss is set below the recent support zone. 🟢 **Trade Management**: Close **half of the position** at **TP1** to secure profits and let the rest run.