ADA

Market Overview:

Current Price: $0.7153 (-2.88%)

24H High: $0.7405 | 24H Low: $0.6917

Trend: Recent drop with a strong rebound, but price action is still uncertain.

Technical Indicators:

Williams %R (-20.83): Close to overbought, indicating possible short-term resistance.

Moving Averages:

MA(5): 9,317,664.40

MA(10): 7,319,156.59

Short-term MA is above the long-term MA, suggesting a slight bullish shift.

Volume: Increasing on the bounce, suggesting some buying interest.

Trading Strategy:

Bullish (Long) Scenario:

Entry: Above $0.7193 (previous high).

Target: $0.7250 - $0.7300.

Stop Loss: Below $0.7090.

Bearish (Short) Scenario:

Entry: Below $0.7090, confirming a rejection.

Target: $0.7000 - $0.6950.

Stop Loss: Above $0.7193.

Conclusion:

Price is recovering, but still near resistance levels.

If it breaks $0.7193, expect more upside.

If it fails to hold above $0.7090, a further$ADA