Cardano / TetherUS
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Trade Setup: ADA Long Position

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Market Context:
ADA is currently at resistance, and we are considering two potential scenarios for entering a trade.

Trade Scenarios:

Break and Retest Scenario:

Entry: Enter the trade at a confirmed break and retest of the $0.45 level.
Range Retest Scenario:

Entry: Enter the trade at a retest of the bottom of the range at $0.42.
Common Trade Parameters:

Take Profit:
First target: $0.51 - $0.54
Second target: $0.57 - $0.60
Stop Loss: Place the stop loss just below $0.40.
📊 Monitor the price action for confirmation of breakouts and retests. Adjust entries based on market conditions. #ADA #CryptoTrading #TradeSetup 🎯

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