【$ADA Signal】Pullback to go long, Bollinger lower band setup

$ADA 1H timeframe repeatedly tests near the Bollinger lower band, buying depth is unusually thick in the 0.2390-0.2395 area, with over 2 million orders resting. 4-hour MACD shows shrinking green bars, indicating weakening bearish momentum. With negative funding rates, open interest remains stable, showing no signs of panic selling.

🎯Direction: Long

⚡Entry/Order: Enter in the 0.2382 - 0.2388 range

🛑Stop-loss: 0.2332

🚀Target 1: 0.2612

🚀Target 2: 0.2723

🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce position by half and move the remaining stop-loss up to the entry price. Hold the remaining position to aim for the second target.

Current price has broken below the 4-hour EMA50, but on the 1-hour level, there is clear support from large buy orders at key support levels, with sparse sell volume. RSI is around 37 and has not entered extreme oversold territory, indicating this is more likely a shakeout of weak holders. The risk-reward ratio exceeds 4, making it worthwhile to use a small position to attempt a rebound towards the midline.

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