The current price is approximately around 0.2409 USDT. Today’s price change is about -3.72%.


For me, the focus is not on how much it has risen, but whether it’s a good entry point.
In the short term, I still lean bearish.
Right now, I mainly look at these factors:
First, the active buying volume is not decisive enough, and an upward breakout still lacks momentum.
Second, the divergence at high levels is beginning to widen, making it easier for a short-term shakeout.
Additionally, the price is close to the resistance zone, and the upside potential and risk-reward ratio are average.
If I really want to trade, I prefer this strategy: top-level sweep high waterfall short, rebound false breakout to trap buyers followed by a second waterfall short, and then chase the break of support.
A more comfortable entry point: 0.2428 USDT.
Estimated target price: 0.2284 USDT.
Stop-loss reference: 0.2486 USDT.
If the price is not there yet, I’d rather wait and not force a trade.
ADA-3,69%
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