$ADA Alert: Bull Momentum Slowing Correction Likely Ahead
$ADA is currently trading at $0.7133, down -1.18% on the 4H timeframe. After a strong rally from $0.6095 to $0.7460, price has stalled below resistance.
Current Price: $0.7133
Range: $0.7019 โ $0.7331
RSI (6): 53.17 (neutral, showing fading momentum)
Key Support: $0.7019
Key Resistance: $0.7331 / $0.7460
Buy/Sell Order Split:
Buy: 49.28%
Sell: 50.72%
Momentum Watch: Weak candles forming near the top, and RSI has cooled offโsuggesting indecision. If $0.7019 breaks, expect a deeper retrace.
Caution: Avoid chasing longs here. Wait for confirmation before re-entering.