【$ADA Signal】1H oversold rebound, ambush for a pullback to go long

$ADA The 1H timeframe is currently oscillating around a critical support zone at 0.2720-0.2730. RSI(1H) has entered the oversold area (38.24). Although the 4H timeframe is in a downtrend channel, trading volume remains stable with no signs of panic selling, indicating a typical slowdown in the decline. The 1H candlestick forms a double bottom at 0.2722, with buy orders significantly thick below 0.2720, showing clear support from the main force. The current price is at a critical point between bulls and bears, waiting for a clear rebound signal to trigger an entry.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2725 - 0.2735 (Reason: 1H double bottom support zone, concentrated buy orders in the order book )

🛑Stop Loss: 0.2710 (Reason: Break below the 1H double bottom structure and the lower boundary of the concentrated buy zone )

🚀Target 1: 0.2780 (Reason: 1H EMA50 resistance and previous small platform )

🚀Target 2: 0.2820 (Reason: 4H downtrend line resistance and previous high resistance )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: The 4H trend is still bearish; this is a counter-trend rebound play )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss up to entry price 0.2735. The remaining position aims for Target 2. If the price stalls around 0.2760 (current 1H EMA20), consider partial profit-taking early.

Depth logic: Open interest remains stable. The price declines but does not trigger a massive drop in open interest, indicating it’s not purely a short squeeze. Order book depth shows over 10 million ADA buy orders accumulated below 0.2720, forming a strong support wall. The 1H RSI bullish divergence is brewing; if the price can hold above 0.2740 (current hourly open), it will confirm a short-term bottom, attracting short covering and short-term bottom fishing funds. Funding rate is slightly positive, with no short squeeze risk, suitable for technical rebound play.

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