ADA / USDT Based on my market tracking, it appears that some | RosePremiumm

ADA / USDT

Based on my market tracking, it appears that some cryptocurrencies are forming similar trading patterns. Some coins witness an initial surge in interest but later experience a decrease.

Currently, I notice that ADA is trading around the Fibonacci zones, specifically at the prominent red level on the chart.

I'm setting two areas to initiate long trades:

1 : $0.2859
2 : $0.2319

The decision to buy will be cautious to avoid any potential pump and dump scenarios.

For long-term targets:

1 : $0.32
2 : $0.37
3 : $0.42

Finally, a stop-loss should be placed based on the daily candle close below the blue level to ensure protection.

https://www.tradingview.com/x/x3ycWa6u/

@RosePremiumm