ADA/USDT Bullish Long Setup with Multiple Targets at 25x Leverage

I am considering a long position in Cardano (ADA) against USDT with an entry point at 0.787. My targets are set progressively at 0.793, 0.7967, 0.801, 0.807, 0.8132, and 0.8184, indicating my expectation of a steady upward movement. I plan to use a stop loss at 0.758 to mitigate potential losses, and I am applying leverage of 25x to maximize returns. This trading plan suggests confidence in ADA's bullish momentum, possibly driven by recent positive market sentiment or technical indicators pointing toward a rally. The multiple targets reflect a strategy of scaling into profits as the price advances, while the stop loss is positioned to protect against abrupt reversals. Leveraged trading at 25x involves significant risk, particularly in volatile crypto markets. While the potential for high returns exists if the price moves favorably, the risk of substantial losses is equally high if the market moves against the position. Therefore, strict risk management and continuous monitoring are crucial. In this context, I believe this is a high-reward, high-risk setup that could benefit from favorable market conditions. It is essential to remain attentive to market developments and be prepared to adjust the trade if technical signals or market fundamentals change.