$ADA broke above its 7-day SMA ($0.652) but faces resistance at $0.6858 (38.2% Fibonacci retracement).
👉The MACD histogram turned positive (+0.0055), hinting at bullish momentum.
🚨A close above $0.6858 could target $0.759 (23.6% Fib level). However, RSI-14 at 45.56 shows neutral momentum, needing volume confirmation.
👉 Bears note ADA’s DeFi TVL fell 20% MoY to $291M, signaling weak on-chain demand
