Recently monitoring ADA's market, I found that this level is indeed quite significant. Currently, the price is hovering around $0.394905, with the bulls clearly in control. The RSI indicator shows 50.7, indicating that the overall momentum is relatively steady.
From a technical perspective, the support level is set at around $0.379100, and the resistance level above is at $0.410700. Within this oscillation range, there is a crucial breakout point—$0.404800. Honestly, if ADA can successfully break through this level, the subsequent upward potential should open up, and the resistance at $0.410700 may be broken.
However, markets always have two sides. We also need to consider the other end of the risk spectrum. If the price fails to hold above the key support and drops below $0.379100, then decisive action to cut losses is necessary. Trading is like that—either profit or learn to cut losses; ambiguity is the worst for your account.
My personal trading plan is as follows: build positions gradually around the $0.394905 area, while strictly setting the stop-loss at $0.379100. The initial target is to look towards the resistance at $0.410700. If the price can successfully break through $0.404800, consider adding to the position to let profits run. The key is to stay disciplined and not be disrupted by short-term fluctuations.
What do you all think about this level? Any ideas are welcome for discussion—let’s analyze this market wave together.
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GweiTooHigh
· 01-17 07:55
Ada is rambling at this position again. It really seems like you need to be careful and serve it well.
Just stop-loss, stop-loss. If you don't admit defeat in time once, the account is gone.
Breaking the 0.404800 key point feels like the whole rhythm will change.
I'm just puzzled. Why do some people always say the bulls are dominant but still don't dare to hold a heavy position?
I've also used the strategy of building positions in batches, but in the end, I was all caught. Haha
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CryptoCrazyGF
· 01-17 07:55
ADA this wave is indeed stuck at a critical point; if it can't break 0.4048, it's truly uncertain.
Why hasn't it taken off yet? I've been waiting so long I'm getting sleepy.
I set the stop-loss at 0.379, and I like that. It's much smarter than those who go all-in.
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Blockwatcher9000
· 01-17 07:48
Well, this wave of ADA indeed looks good, and the stop-loss discipline is in place.
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LiquiditySurfer
· 01-17 07:44
ADA this time definitely needs to follow discipline, otherwise it's easy to get trapped
Breaking below 0.404800 is the signal to add more, greed is the most dangerous
If support breaks, just liquidate everything, there's nothing more to say
The 0.38 level is a critical line; when touched, you must run
The bulls are in the lead, but I still wait for a breakout before acting
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fren_with_benefits
· 01-17 07:35
ADA this time definitely needs to follow discipline, otherwise it's easy to get trapped.
View OriginalReply0
FallingLeaf
· 01-17 07:32
If ADA breaks 0.404 this time, it's really going to take off. I'm watching too.
Stop-loss must be set tightly, or you'll be wiped out in one move.
This level is indeed crucial. When the bulls are in the lead, you should be more aggressive.
Once 0.41 is broken, the subsequent space feels quite comfortable.
By the way, has anyone been buying at the bottom? Feels like it's still okay to jump in now.
Recently monitoring ADA's market, I found that this level is indeed quite significant. Currently, the price is hovering around $0.394905, with the bulls clearly in control. The RSI indicator shows 50.7, indicating that the overall momentum is relatively steady.
From a technical perspective, the support level is set at around $0.379100, and the resistance level above is at $0.410700. Within this oscillation range, there is a crucial breakout point—$0.404800. Honestly, if ADA can successfully break through this level, the subsequent upward potential should open up, and the resistance at $0.410700 may be broken.
However, markets always have two sides. We also need to consider the other end of the risk spectrum. If the price fails to hold above the key support and drops below $0.379100, then decisive action to cut losses is necessary. Trading is like that—either profit or learn to cut losses; ambiguity is the worst for your account.
My personal trading plan is as follows: build positions gradually around the $0.394905 area, while strictly setting the stop-loss at $0.379100. The initial target is to look towards the resistance at $0.410700. If the price can successfully break through $0.404800, consider adding to the position to let profits run. The key is to stay disciplined and not be disrupted by short-term fluctuations.
What do you all think about this level? Any ideas are welcome for discussion—let’s analyze this market wave together.