The $ADA /USDT 15-minute chart shows the current price at 0.4398, reflecting a strong gain of 16.72%.
The price has recently tested a high at 0.4436, which stands as the nearest resistance level.
Breaking this level could signal further bullish momentum and attract more buying interest. The key support level is positioned at 0.4330, which could act as a point of defense for bulls if the price experiences a pullback.
Traders looking to enter might find the current price of 0.4398 suitable. For potential profit-taking, targets are set at TP1 of 0.4415, TP2 of 0.4430, and TP3 aligning with the resistance at 0.4436.
To protect against downside risk, setting a stop-loss (SL) at 0.4300 is recommended, providing a safety net in case of unexpected market movements.
