40% ADA Opportunity with Long trade on Psychological Support!

ADA/USDT is about to bounce at this horizontal support level. The level is a very important one as it is exactly at the 90 cents area. This is a place that has shown support many times before already. Also, you can tell by the perfect round number that this acts as a level of psychological support.

This can help to give more confidence in the strength of the level and increases the chance of a reversal.

This first resistance level can be a great first exit point. This will already give you ~37% profit!

I hope you enjoy this very simple horizontal support and resistance trade set-up!

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!